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RCM TECHNOLOGIES, INC. Director's Dealing 2003

Nov 17, 2003

33716_dirs_2003-11-17_12fbce54-6fb4-4793-85ae-50f37f983694.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RCM TECHNOLOGIES INC (RCMT)
CIK: 0000700841
Period of Report: 2003-11-13

Reporting Person: KOPYT LEON (Director, President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-11-13 Common Stock A 231115 Acquired 0 Direct
2003-11-13 Common Stock A 37681 Acquired 0 Direct
2003-11-13 Common Stock A 47077 Acquired 0 Direct
2003-11-13 Common Stock A 35621 Acquired 363594 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2003-11-13 Stock Option (right to buy) $7.13 D 500000 Disposed 2006-11-21 Common Stock (500000) Direct
2003-11-13 Stock Option (right to buy) $10.13 D 90000 Disposed 2007-11-01 Common Stock (90000) Direct
2003-11-13 Stock Option (right to buy) $11.25 D 100000 Disposed 2008-10-08 Common Stock (100000) Direct
2003-11-13 Stock Option (right to buy) $10.19 D 60000 Disposed 2009-10-06 Common Stock (60000) Direct

Footnotes

F1: On November 13, 2003, the issuer canceled, pursuant to the issuer's exchange offer, an option granted to the reporting person on November 21, 1996. In exchange for the option, the reporting person received 231,115 shares of common stock and $975,536.41.

F2: On November 13, 2003, the issuer canceled, pursuant to the issuer's exchange offer, an option granted to the reporting person on November 1, 1997. In exchange for the option, the reporting person received 37,681 shares of common stock and $159,051.50.

F3: On November 13, 2003, the issuer canceled, pursuant to the issuer's exchange offer, an option granted to the reporting person on October 8, 1998. In exchange for the option, the reporting person received 47,077 shares of common stock and $198,712.01.

F4: On November 13, 2003, the issuer canceled, pursuant to the issuer's exchange offer, an option granted to the reporting person on October 6, 1999. In exchange for the option, the reporting person received 35,621 shares of common stock and $150,356.24.

F5: The aggregate number of securities beneficially owned directly by the reporting person following the reported transaction is shown in row 4 on Table I.