NVE CORP /NEW/ — Director's Dealing 2003

Jul 8, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVE CORP /NEW/ (NVEC)
CIK: 0000724910
Period of Report: 2002-07-25

Reporting Person: KASZUBINSKI JEFFREY K (Director)

Footnotes

F1: 25% installments beginning at the date of grant; fully exercisable in three years.

F2: Reflects 1:5 reverse split of option shares under 7/25/02 option.

F3: Cancelled stock option and a warrant was issued to Cypress Semiconductor Corp.