SMITH MIDLAND CORP — Director's Dealing 2006

Feb 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH MIDLAND CORP (SMID)
CIK: 0000924719
Period of Report: 2006-02-07

Reporting Person: KAVOUNIS ANDREW G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-08	Common Stock	M	3000	$1.00	Acquired	3000	Direct
2006-02-08	Common Stock	M	2000	$0.83	Acquired	5000	Direct
2006-02-09	Common Stock	S	2000	$3.14	Disposed	3000	Direct
2006-02-09	Common Stock	S	1500	$3.08	Disposed	1500	Direct
2006-02-09	Common Stock	S	1500	$3.05	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-08	Option (Right To Buy)	$1.00	M	3000	Disposed	2007-11-06	Common (3000)	Direct
2006-02-08	Option (Right To Buy)	$0.83	M	2000	Disposed	2013-12-18	Common (2000)	Direct

Footnotes

F1: Option became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of November 05, 1998 , 1999 and 2000.

F2: Option became exercisable cumulatively equivalent to 1,000 underlying shares on each of December 18, 2004 and 2005.