TAITRON COMPONENTS INC — Director's Dealing 2004

Feb 12, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TAITRON COMPONENTS INC (TAIT)
CIK: 0000942126
Period of Report: 2003-12-31

Reporting Person: CHIANG RICHARD (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-05-09	Option to purchase Class A Common Stock	$1.00	A	5000	Acquired	2013-05-09	Class A Common Stock $.001 par value (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	24694	Direct

Footnotes

F1: This total represents shares owned as of December 31, 2003, for informational purposes only.

F2: Option to purchase stock award vests in 3 equal annual installments beginning 5/9/04.