Neonode Inc. — Director's Dealing 2006

Jun 9, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SBE INC (SBEI)
CIK: 0000087050
Period of Report: 2006-06-07

Reporting Person: Fang Leo (EVP, Engineering)

Holdings (Non-Derivative)

Security	Shares	Ownership
SBE Common Stock	68656	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SBE Stock Options	$2.17	2016-02-28	Stock Option (230000)		Direct
SBE Stock Option	$1.00	2014-03-21	Stock Option (25000)		Direct

Footnotes

F1: Includes 15,000 restricted shares of SBE common Stock that with following vesting schedule: 25% on April 24, 2007 with the remianing 75% vested at the rate of 12.5% over the six month period beginning May 2007 through October 2007.