REX AMERICAN RESOURCES Corp — Director's Dealing 2005

Jun 3, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: REX STORES CORP (RSC)
CIK: 0000744187
Period of Report: 2005-05-26

Reporting Person: Kellar Philip J (VP Store Operations)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Nonqualified Employee Stock Option Right to Buy	$10.14	2010-03-29	Common Stock $.01 Par Value (2250)		Direct
Nonqualified Employee Stock Option Right to Buy	$8.01	2011-04-17	Common Stock $.01 Par Value (9000)		Direct
Nonqualified Employee Stock Option Right to Buy	$14.745	2012-04-30	Common Stock $.01 Par Value (10000)		Direct
Nonqualified Employee Stock Option Right to Buy	$13.01	2013-09-30	Common Stock $.01 Par Value (10000)		Direct
Nonqualified Employee Stock Option Right to Buy	$12.45	2014-06-07	Common Stock $.01 Par Value (10000)		Direct

Footnotes

F1: Options granted 3/29/00 and became exercisable in 20% increments on each of the first five anniversaries of the grant

F2: Options granted 4/17/01 and become exercisable in 20% increments on each of the first five anniversaries of the grant

F3: Options granted 4/30/02 and became exercisable in 20% increments on each of the first three anniversaries of the grant. The remaining 40% of the options became exercisable on 5/26/05.

F4: Options granted on 9/30/03 and become exercisable in 20% increments on each of the first five anniversaries of the grant.

F5: Options granted 6/7/04 and become exercisable in 20% increments on each of the first five anniversaries of the grant.