NVE CORP /NEW/ — Director's Dealing 2003

Oct 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVE CORP /NEW/ (NVEC)
CIK: 0000724910
Period of Report: 2003-10-14

Reporting Person: WELLS FARGO & CO/MN (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-14	Common Stock	G	200000	—	Disposed	864790	Direct
2003-10-22	Common Stock	S	1800	$36.75	Disposed	862990	Direct
2003-10-22	Common Stock	S	1300	$36.80	Disposed	861690	Direct
2003-10-22	Common Stock	S	8800	$36.90	Disposed	852890	Direct
2003-10-22	Common Stock	S	1100	$36.91	Disposed	851790	Direct
2003-10-22	Common Stock	S	200	$36.94	Disposed	851590	Direct
2003-10-22	Common Stock	S	11800	$37.00	Disposed	839790	Direct
2003-10-22	Common Stock	S	100	$37.01	Disposed	839690	Direct
2003-10-22	Common Stock	S	4200	$37.02	Disposed	835490	Direct
2003-10-22	Common Stock	S	600	$37.03	Disposed	834890	Direct
2003-10-22	Common Stock	S	100	$37.04	Disposed	834790	Direct
2003-10-22	Common Stock	S	2100	$37.05	Disposed	832690	Direct
2003-10-22	Common Stock	S	600	$37.06	Disposed	832090	Direct
2003-10-22	Common Stock	S	8000	$37.08	Disposed	824090	Direct
2003-10-22	Common Stock	S	1200	$37.09	Disposed	822890	Direct
2003-10-22	Common Stock	S	2400	$37.10	Disposed	820490	Direct
2003-10-22	Common Stock	S	500	$37.12	Disposed	819990	Direct
2003-10-22	Common Stock	S	1000	$37.19	Disposed	818990	Direct
2003-10-22	Common Stock	S	5500	$37.20	Disposed	813490	Direct
2003-10-22	Common Stock	S	550	$37.22	Disposed	812940	Direct
2003-10-22	Common Stock	S	18100	$37.25	Disposed	794840	Direct
2003-10-22	Common Stock	S	2700	$37.26	Disposed	792140	Direct
2003-10-22	Common Stock	S	1200	$37.27	Disposed	790940	Direct
2003-10-22	Common Stock	S	2700	$37.29	Disposed	788240	Direct
2003-10-22	Common Stock	S	1900	$37.30	Disposed	786340	Direct
2003-10-22	Common Stock	S	600	$37.31	Disposed	785740	Direct
2003-10-22	Common Stock	S	600	$37.32	Disposed	785140	Direct
2003-10-22	Common Stock	S	750	$37.35	Disposed	784390	Direct
2003-10-22	Common Stock	S	100	$37.40	Disposed	784290	Direct
2003-10-22	Common Stock	S	19700	$37.75	Disposed	764590	Direct