Neonode Inc. — Director's Dealing 2006

Apr 28, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SBE INC (SBEI)
CIK: 0000087050
Period of Report: 2006-04-28

Reporting Person: Abal Nelson H (VP, Sales)

Holdings (Non-Derivative)

Security	Shares	Ownership
SBE Common Stock	1307	Direct
SBE Common Stock	12000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SBE Stock Options	$3.10	2011-09-29	SBE Stock Options (20000)		Direct
SBE Stock Options	$2.90	2012-02-09	SBE Stock Options (40000)		Direct
SBE Stock Options	$2.76	2012-10-17	SBE Stock Options (30000)		Direct
SBE Stock Options	$1.00	2013-03-21	SBE Stock Options (20000)		Direct

Footnotes

F1: Restricted stock gramnted with 25% vesting on April 17, 2007 and monthly thereafter for the following 6 months