X0303 4 2009-12-04 0 0000105608 WELLS GARDNER ELECTRONICS CORP WGA 0001330693 BRACE JAMES F 9500 W 55TH STREET SUITE A MCCOOK IL 60525-3605 0 1 0 0 Ex. VP/CFO/Secretary/Treas. Common Stock Par Value $1.00 2009-12-04 4 S 0 800 2.29 D 71299 D Common Stock Par Value $1.00 2009-12-04 4 S 0 800 2.39 D 70499 D Prior to the transactions reported in this Form 4, Mr. Brace reported beneficial ownership of 72,099 shares, comprised of 36,888 shares owned and restricted stock awards representing 35,211 shares. Following the transactions reported on this Form 4, Mr. Brace has beneficial ownership of 70,499 shares, comprised of 35,288 shares owned and restricted stock awards representing 35,211 shares. /s/ James F. Brace 2009-12-07