X0201 42003-10-09 0000032166 ELECTRO RENT CORP elrc 0001163534 KEARNS JOSEPH J 23852 PACIFIC COAST HWY SUITE 754 MALIBU CA 90265 1000Non-Employee Stock Option (right to buy)13.452003-10-094A02000A2008-10-09Common Stock20002000DGrant of derivative security.The option vests in two annual installmetns beginning on October 9, 2004.Joseph J. Kearns2003-10-09