Neonode Inc. — Director's Dealing 2005

Apr 1, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SBE INC (SBEI)
CIK: 0000087050
Period of Report: 2005-03-31

Reporting Person: GREY DANIEL (President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-31	SBE Stock options	$2.95	A	100000	Acquired	2012-03-31	SBE stock Options (100000)	Direct