X0202 4 2005-12-22 0 0000105608 WELLS GARDNER ELECTRONICS CORP WGA 0001232351 MARTIN FRANK R 9500 W. 55TH STREET, SUITE A MCCOOK IL 60525 1 0 0 0 Common Stock $1.00 Par Value 2005-12-22 4 P 0 3000 1.85 A 69628 D Prior to the transactions described in this Form 4, Mr. Martin had beneficial ownership of 66,628 shares, comprised of 55,410 shares owned and 11,218 exercisable options. Following the transactions reported on this Form 4, Mr. Spier has beneficial ownership of 69,628 shares, comprised of 58,410 shares owned and 11,218 exercisable options. /s/ Frank R. Martin 2005-12-22