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Neonode Inc. Director's Dealing 2006

May 30, 2006

34510_dirs_2006-05-30_ca43294f-68c6-4b27-a240-27d8f9e3bff0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SBE INC (SBEI)
CIK: 0000087050
Period of Report: 2006-05-15

Reporting Person: RITCHIE RONALD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-15	SBE Common Stock	A	3967	$1.11	Acquired	31519	Direct

Footnotes

F1: Directors awarded restricted shares of SBE common stock in-lieu of 100% of fees for services related to membership on the SBE Board of Directors.