LIGHTPATH TECHNOLOGIES INC — Director's Dealing 2012

Oct 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK: 0000889971
Period of Report: 2012-10-25

Reporting Person: GAYNOR JOSEPH J JR (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-25	Incentive stock option	$0.98	A	40000	Acquired	2022-10-25	Class A Common (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	14432	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-qualified stock option	$3.47	2016-07-24	Class A Common (15000)	0	Direct
Non-qualified stock option	$4.80	2016-10-27	Class A Common (20000)	0	Direct
Incentive stock option	$3.05	2017-11-06	Class A Common (15000)	0	Direct
Incentive stock option	$2.10	2018-01-31	Class A Common (30000)	0	Direct
8% Convertible Debt	$1.40	2011-08-01	Class A Common (12175)	0	Direct
Common stock warrant	$1.68	2013-08-01	Class A Common (5275)	0	Direct
Common stock warrant	$1.89	2013-08-01	Class A Common (2841)	0	Direct
Common stock warrant	$.87	2013-12-31	Class A Common (3159)	0	Direct
Common stock option	$2.66	2020-02-04	Class A Common (50000)	0	Direct
Common stock warrant	$2.48	2015-10-08	Class A Common (228)	0	Direct
incentive stock option	$2.69	2020-11-03	Class A Common (25000)	0	Direct
Incentive stock option	$1.39	2021-10-27	Class A Common (40000)	0	Direct

Footnotes

F1: Vests over 4 years.

F2: These stock options vest over two years.

F3: These warrants were issued pursuant to amendment #1 to 8% senior debentures.