TAITRON COMPONENTS INC — Director's Dealing 2007

Feb 15, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TAITRON COMPONENTS INC (TAIT)
CIK: 0000942126
Period of Report: 2006-12-31

Reporting Person: WANG STEWART (Director, President, CEO, CFO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-31	Class A Common Stock	A	723	$3.06	Acquired	22923	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-02	Option to purchase Class A Common Stock	$2.7	A	15000	Acquired	2016-12-02	Class A Common Stock $.001 par value (15000)	Direct

Footnotes

F1: Option to purchase stock award vests in 3 equal annual installments, with the 1st year installment vesting on 12/2/2007.