NVE CORP /NEW/ — Director's Dealing 2004

Aug 26, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVE CORP /NEW/ (NVEC)
CIK: 0000724910
Period of Report: 2004-08-17

Reporting Person: KASZUBINSKI JEFFREY K (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-17	Non-Qualified Stock Option Grant (Right to Buy)	$37.38	A	2000	Acquired	2014-08-17	Common Stock (2000)	Direct
2004-08-17	Non-Qualified Stock Option Grant (Right to Buy)	$37.38	D	2000	Disposed	2014-08-17	Common Stock (2000)	Direct

Footnotes

F1: Granted on 08/17/2004 and cancelled and a warrant was issued to Cypress Semiconductor Corp.