LIGHTPATH TECHNOLOGIES INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK: 0000889971
Period of Report: 2007-01-12

Reporting Person: Wu Zhouling (Corporate Vice President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-12	Class A Common Stock	P	1205	$2.88	Disposed	1205	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-qualified stock option	$4.80	2016-10-27	Class A Common (20000)	41205	Direct
Non-qualified stock option	$2.41	2016-10-27	Class A Common (15000)	41205	Direct
non qualified stock unit	$0	2008-08-02	Class A Common (5000)	41205	Direct

F1: These shares are restricted stock that vest over a two year period they are issued pursuant to the Omnibus Incentive Plan.

F2: These shares are stock options that vest over a four year period.

F3: These shares were issued according to the Employee Stock Purchase Plan.