LIGHTPATH TECHNOLOGIES INC — Director's Dealing 2006

Jul 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK: 0000889971
Period of Report: 2006-07-26

Reporting Person: BRIZEL KEN (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-27	Class A Common Stock	P	2000	$1.63	Acquired	71250	Direct

Footnotes

F1: 1. Transaction executed in accordance with the Employee Stock Purchase Plan (ESPP).

F2: 2. 20,375 shares held in joint ownership with spouse. Mr. Brizel claims beneficial ownership of all reproted shares.