SIEBERT FINANCIAL CORP — Director's Dealing 2007

Nov 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIEBERT FINANCIAL CORP (sieb)
CIK: 0000065596
Period of Report: 2007-11-27

Reporting Person: IESU DANIEL (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-27	Common Stock, $.01 par value per share	M	4800	$2.6875	Acquired	4800	Direct
2007-11-27	Common Stock, $.01 par value per share	S	4800	$3.38	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-12	Option to purchase Common Stock, $01 par value per share	$2.6875	M	4800	Acquired	2008-01-09	Common Stock, $.01 par value per share (4800)	Direct

Footnotes

F1: The original grant of options to purchase 8,000 shares was made on January 9, 1998. The option vested in five equal annual installments on January 9, 1999, January 9, 2000, January 9, 2001, January 9, 2002 and January 9, 2003.