NORTECH SYSTEMS INC — Director's Dealing 2006

Nov 2, 2006

SEC Form 4/A — Form 4/A

Issuer: NORTECH SYSTEMS INC (NSYS)
CIK: 0000722313
Period of Report: 2006-11-01

Reporting Person: DEGEN MICHAEL J (Director, President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-01	Employee Stock Option (right to buy)	$7.79	A	20000	Acquired	2016-10-31	Common Stock (20000)	Direct

Footnotes

F1: Exercisable 1/3 on 1/1/08, 1/1/09 and 1/1/10.