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LIGHTPATH TECHNOLOGIES INC Director's Dealing 2007

Nov 9, 2007

33165_dirs_2007-11-09_3b2e494a-e473-4f72-9ba4-35b6af7fcdd2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK: 0000889971
Period of Report: 2007-11-06

Reporting Person: RIPP ROBERT (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-11-06 Restricked Stock Unit $0 A 10000 Acquired 2017-11-06 Class A Common (10000) 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
Restricted Stock Unit $0 2016-10-27 Class A Common (3333) 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

F5: These shares vest over four years.