X0303 4 2011-01-31 1 0000741696 APPLIED SIGNAL TECHNOLOGY INC APSG 0001332821 Pesaturo John F 460 W. CALIFORNIA AVE SUNNYVALE CA 94086 0 1 0 0 V P-Sensor Systems Common Stock 2011-01-31 4 U 0 11599 38.00 D 0 D Common Stock 2011-01-31 4 D 0 15250 38.00 D 0 D Stock Option (Right to Buy) 18.85 2011-01-31 4 D 0 1200 0 D 2013-07-01 Common Stock 12000 0 D Represented shares of common stock subject to vesting (each, a "Restricted Stock Award"). Pursuant to the Agreement and Plan of Merger, dated December 18, 2010, between the issuer, Raytheon Company and RN Acquisition Company, each Restricted Stock Award has been converted into the right to receive a cash amount equal to $38.000 following the vesting of such Restricted Stock Award. This option was cancelled as a result of the completion of the tender offer that expired on January 28, 2011 in exchange for cash payment of $229,800, representing the difference between the exercise price of the option and the offer price ($38.00 per share) pursuant to the Agreement and Plan of Merger, dated December 18, 2010, between the issuer, Raytheon Company and RN Acquisition Company. /s/ John F. Pesaturo 2011-02-02