RESEARCH FRONTIERS INC — Director's Dealing 2008

Jun 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RESEARCH FRONTIERS INC (REFR)
CIK: 0000793524
Period of Report: 2008-06-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-23	Common Stock	J	1627	—	Acquired	344583	Direct
2008-06-23	Common Stock	J	3254	—	Disposed	62788	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 1,627 shares of common stock of Research Frontiers Inc. to Robert L. Saxe, the reporting person. Because Robert L. Saxe has a one-half interest as a beneficiary under the trust, Mr. Saxe's direct ownership interest is increasing by the 1,627 shares being distributed to him and Mr. Saxe's indirect ownership is reflected as decreasing by twice this amount to reflect the fact that the trust distributed 1,627 shares of common stock to Robert L. Saxe and 1,627 shares of common stock to the other beneficiary under the trust.