X0202 4 2008-01-09 0 0000356037 CSP INC /MA/ CSPI 0001289360 Lupinetti Alexander R 43 MANNING ROAD BILLERICA MA 01821 0 1 0 0 CEO/President/Chairman Common Stock 2008-01-09 4 M 0 2500 4.25 A 18917 D Common Stock 2008-01-09 4 S 0 2500 7 A 16417 D Common Stock 2008-01-10 4 M 0 11455 4.25 A 27872 D Common Stock 2008-01-10 4 S 0 11455 7.003 A 16417 D Stock Option Right to Buy 6.4 1998-10-07 2008-10-07 Common Stock 60500 60.5 D Stock Option Right to Buy 5 1999-10-18 2009-10-18 Common Stock 74437 74437 D Stock Option Right to Buy 4.25 2000-10-18 2010-10-18 Common Stock 9425 9425 D Stock Option Right to Buy 10.03 2004-12-30 2014-12-30 Common Stock 40000 40000 D Stock Option Right to Buy 6.5 2006-01-17 2016-01-17 Common Stock 20000 20000 D Stock Option Right to Buy 9.3 2007-02-21 2017-02-21 Common Stock 16000 16000 D Stock Option Right to Buy 6.82 2007-12-12 2017-12-12 Common Stock 20000 20000 D The acquisition and sale reported on this Form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by Mr. Lupinetti on 12/14/07 Stock Option Alexander R Lupinetti 2008-01-11