Neonode Inc. — Director's Dealing 2006

Apr 26, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SBE INC (SBEI)
CIK: 0000087050
Period of Report: 2006-04-24

Reporting Person: Yamamoto Kenneth Gregory (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-24	SBE Common Stock	A	15000	$1.10	Acquired	233028	Direct

Footnotes

F1: Granted restricted stock with an 18 month vesting period. 25% of grant vests on April 24, 2007 and the remaining monthly thereafter for the following six months.

F2: Market price was $1.10 on the day of the grant. Since this is restricted stock there is no exercise price.