LIGHTPATH TECHNOLOGIES INC — Director's Dealing 2007

Mar 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK: 0000889971
Period of Report: 2007-03-27

Reporting Person: SILVERMAN GARY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-27	Class A Common	S	1750	$6.77	Disposed	9062	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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	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
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 (3334)	38612	Direct

Footnotes

F1: Restricted stock units convert at a 1-to-1 ratio to Class A Common

F2: Granted as vested in lieu of grant in prior year