RESEARCH FRONTIERS INC — Director's Dealing 2007

Jan 12, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RESEARCH FRONTIERS INC (REFR)
CIK: 0000793524
Period of Report: 2007-01-12

Reporting Person: SAXE ROBERT L (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-12	Common Stock	J	456	—	Acquired	337256	Direct
2007-01-12	Common Stock	J	912	—	Disposed	66042	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11250	Indirect
Common Stock	2687	Indirect

Footnotes

F1: The reported transaction is a distribution by a trust of 456 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 456 shares of common stock to Robert L. Saxe and 456 shares of common stock to the other beneficiary under the trust.