X0201 32003-11-14 0 0000769874 REMEC INC REMC 0001245444 HICKMAN WINSTON E 3790 VIA DE LA VALLE, SUITE 311 DEL MAR CA 92014 0100Chief Financial OfficerCommon Stock2063IBy Hickman Trust dtd 10/07/96Common Stock344IBy David W. Hickman TrustCommon Stock344IBy Winston Marc Hickman TrustCommon Stock (Right to Buy)12.052012-11-14Common Stock100000DThe reporting person acquired 2,063 shares of REMEC common stock in exchange for his interest in Paradigm Wireless Systems, Inc. (Paradigm) pursuant to Paradigm's merger into a subsidiary of REMEC. The merger agreement, which was entered into on November 10, 2003, placed a value on REMEC's common stock of $12.67 a share, it's closing price on November 6, 2003. Of the 2,063 shares issued to the reporting person in the merger, 740 shares are currently being held in escrow and are subject to forfeiture during the 18-month period following the merger to satisfy claims arising as a result of Paradigm's breach of any representations and warranties in the merger agreement.The reporting person acquired 344 shares of REMEC common stock in exchange for his interest in Paradigm Wireless Systems, Inc. (Paradigm) pursuant to Paradigm's merger into a subsidiary of REMEC. The merger agreement, which was entered into on November 10, 2003, placed a value on REMEC's common stock of $12.67 a share, it's closing price on November 6, 2003. Of the 344 shares issued to the reporting person in the merger, 123 shares are currently being held in escrow and are subject to forfeiture during the 18-month period following the merger to satisfy claims arising as a result of Paradigm's breach of any representations and warranties in the merger agreement.The reporting person acquired 344 shares of REMEC common stock in exchange for his interest in Paradigm Wireless Systems, Inc. (Paradigm) pursuant to Paradigm's merger into a subsidiary of REMEC. The merger agreement, which was entered into on November 10, 2003, placed a value on REMEC's common stock of $12.67 a share, it's closing price on November 6, 2003. Of the 344 shares issued to the reporting person in the merger, 123 shares are currently being held in escrow and are subject to forfeiture during the 18-month period following the merger to satisfy claims arising as a result of Paradigm's breach of any representations and warranties in the merger agreement.This Option vests 25% each year for 4 years.Winston E. Hickman2003-11-21