RESEARCH FRONTIERS INC — Director's Dealing 2004

Jan 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RESEARCH FRONTIERS INC (REFR)
CIK: 0000793524
Period of Report: 2004-01-08

Reporting Person: SAXE ROBERT L (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-08	Common Stock	J	269	—	Acquired	335426	Direct
2004-01-08	Common Stock	J	538	—	Disposed	68702	Indirect

Footnotes

F1: The reported transaction is a distribution of 269 shares of common stock to Robert L. Saxe, the reporting person. Because Robert L. Saxe has a one-half interest as beneficiary under the trust, Mr. Saxe's indirect interest is reflected as decreasing by twice this amount to reflect the fact that the trust distributed 269 shares of common stock to Robert L. Saxe and 269 shares of common stock to the other beneficiary under the trust.