LIGHTPATH TECHNOLOGIES INC — Director's Dealing 2006

Nov 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK: 0000889971
Period of Report: 2006-10-27

Reporting Person: RIPP ROBERT (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-27	Restricted Stock Unit	$0	A	3333	Acquired	2016-10-27	Class A Common (3333)	Direct
2006-10-27	Restricted Stock Unit	$0	A	3334	Acquired	2016-10-27	Class A Common (3333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	142863	Direct
Class A Common	7812	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrant (Right to buy)	$3.2	2013-09-30	Class A Common (100000)	0	Direct
Common Stock Warrant (Right to buy)	$48	2009-11-10	Class A Common (20156)	0	Direct
Common Stock Warrant (Right to buy)	$48	2009-11-10	Class A Common (15000)	0	Direct
Restricted Stock Unit	$0	2014-10-20	Class A Common (6000)	0	Direct
Restricted Stock Unit	$0	2014-10-20	Class A Common (2850)	0	Direct
Restricted Stock Unit	$0	2014-10-20	Class A Common (2850)	0	Direct
Non-qualified stock option	$2.41	2015-11-10	Class A Common (2033)	0	Direct
Non-qualified stock option	$2.41	2015-11-10	Class A Common (2033)	0	Direct
Non-qualified stock option	$2.41	2015-11-10	Class A Common (2034)	0	Direct
Restricted Stock Unit	$0	2015-11-10	Class A Common (3333)	0	Direct
Restricted Stock Unit	$0	2015-11-10	Class A Common (3333)	0	Direct
Restricted Stock Unit	$0	2015-11-10	Class A Common (3334)	0	Direct
Restricted Stock Unit	$0	2016-10-27	Class A Common (3333)	0	Direct

Footnotes

F1: The reporting person declaim beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the Securities for purposes of Section 16 or any other purpose

F2: Restricted stock units convert at a 1-to-1 ratio to Class A Common

F3: The Reporting person shall be eligible to electively receive one share of Class A Common for each restricted stock unit at this date subject to continued employment

F4: Granted as vested in lieu of grant in prior year