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RESEARCH FRONTIERS INC Director's Dealing 2015

Mar 24, 2015

34569_dirs_2015-03-24_8668c3b1-52e1-4117-8284-7611cdd6f640.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RESEARCH FRONTIERS INC (REFR)
CIK: 0000793524
Period of Report: 2015-03-24

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-24 Common Stock J 2797 Acquired 426755 Direct
2015-03-24 Common Stock J 5594 Disposed 57194 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 2,797 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 2,797 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 2,797 shares of common stock to Robert L. Saxe and 2,797 shares of common stock to the other beneficiary under the trust.