-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VftPaqqjf+gXdESe4eF1u/1qUVDmvTmhniM+NRJC62d22Vdmqhhw9Lvu7lAPSa9y
 fFL84iVaopMU1x1cPdDJEQ==

<SEC-DOCUMENT>0001181431-05-003107.txt : 20050114
<SEC-HEADER>0001181431-05-003107.hdr.sgml : 20050114
<ACCEPTANCE-DATETIME>20050114182011
ACCESSION NUMBER:		0001181431-05-003107
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041213
FILED AS OF DATE:		20050114
DATE AS OF CHANGE:		20050114

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Zupan Mark
		CENTRAL INDEX KEY:			0001310930

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27372
		FILM NUMBER:		05531711

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		585-218-0578

	MAIL ADDRESS:	
		STREET 1:		1041 PITTSFORD VICTOR ROAD
		CITY:			PITTSFORD
		STATE:			NY
		ZIP:			14534

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STOCKERYALE INC
		CENTRAL INDEX KEY:			0000094538
		STANDARD INDUSTRIAL CLASSIFICATION:	OPTICAL INSTRUMENTS & LENSES [3827]
		IRS NUMBER:				042114473
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		32 HAMPSHIRE ROAD
		CITY:			SALEM
		STATE:			NH
		ZIP:			03079
		BUSINESS PHONE:		6038938778

	MAIL ADDRESS:	
		STREET 1:		32 HAMPSHIRE ROAD
		CITY:			SALEM
		STATE:			NH
		ZIP:			03079

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STOCKER & YALE INC
		DATE OF NAME CHANGE:	19950623
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd64867.xml
<DESCRIPTION>MARK ZUPAN - FORM 4 - 1-14-05
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-12-13</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000094538</issuerCik>
        <issuerName>STOCKERYALE INC</issuerName>
        <issuerTradingSymbol>STKR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001310930</rptOwnerCik>
            <rptOwnerName>Zupan Mark</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O STOCKERYALE, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>32 HAMPSHIRE ROAD</rptOwnerStreet2>
            <rptOwnerCity>SALEM</rptOwnerCity>
            <rptOwnerState>NH</rptOwnerState>
            <rptOwnerZipCode>03079</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.16</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-12-13</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8493</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-12-13</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8493</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8493</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Option vests and becomes exercisable after the second anniversary of the grant date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark Zupan</signatureName>
        <signatureDate>2005-01-14</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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