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: KU TZU SHENG (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-31	Class A Common Stock	A	433	$3.12	Acquired	11044	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	5000	Acquired	2016-12-02	Class A Common Stock $.001 par value (5000)	Direct

Footnotes

F1: Shares were acquired by 401(k) trust on various dates, on regular monthly intervals during 2006.

F2: Average purchase price per share acquired in 2006.

F3: Option to purchase stock award vests in 3 equal annual installments, with the 1st year installment vesting on 12/2/2007.