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NVE CORP /NEW/ Director's Dealing 2003

Aug 18, 2003

33268_dirs_2003-08-18_315b0623-6712-4c3e-aee9-a3f44ac572bf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVE CORP /NEW/ (NVEC)
CIK: 0000724910
Period of Report: 2003-08-14

Reporting Person: DR DAUGHTON JAMES (Director, Chief Technology Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-08-14 Common Stock S 5600 $18 Disposed 367300 Direct
2003-08-15 Common Stock S 2000 $18.5 Disposed 365300 Direct
2003-08-18 Common Stock S 1000 $19.25 Disposed 364300 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Incentive Stock Option $0.857 2005-01-01 Common Stock (35000) 35000 Direct
Incentive Stock Option $6.085 2011-07-26 Common Stock (22600) 57600 Direct

Footnotes

F1: Includes shares owned jointly by Dr. Daughton and his spouse.

F2: Vesting in four equal installments with the first installment vesting 7/26/2001.