X0202 4/A 2004-10-15 2004-10-19 0 0000086115 SAFEGUARD SCIENTIFICS INC SFE 0001187708 MESSMAN JACK L NOVELL, INC. 404 WYNAN STREET, SUITE 500 WALTHAM MA 02451 1 0 0 0 Deferred Stock Units 2004-10-15 4 A 0 6801 1.985 A Common Stock 6801 6801 D The deferred stock units are payable in stock, on a one-for-one basis, and are fully vested at grant. Distributions in respect of the deferred stock units will be made at times established in accordance with the terms of the applicable equity compensation plan of the Issuer. This amended Form 4 is being filed solely for the purpose of correcting the purchase price reported in Column 8 of Table II which had previously been reported incorrectly. JACK L. MESSMAN 2005-02-09