X0202 3 2006-12-15 0 0000778734 Measurement Specialties Inc MEAS 0001243714 KOSTELNI JEFFREY C 1000 LUCAS WAY HAMPTON VA 23666 0 1 0 0 VP Finance Option (right to buy) 18.90 2007-05-13 2011-05-13 Common Stock, no par value 2450 D Option (right to buy) 21.02 2007-05-20 2012-05-20 Common Stock, no par value 16000 D Option (right to buy) 24.14 2006-11-09 2011-11-09 Common Stock, no par value 500 D Option (right to buy) 23.09 2007-11-22 2012-11-22 Common Stock, no par value 5000 D 1,400 exercisable on 5/13/07 (expires 5/13/12) and 1,050 exercisable on 5/13/08 (expires 5/13/13) 4,000 shares exercisable each on 5/20/07, 5/20/08, 5/20/09, 5/20/10; 4,000 shares expire each on 5/20/12, 5/20/13, 5/20/14, 5/20/15 100 shares exercisable each on 11/9/06, 11/9/07, 11/9/08, 11/9/09, 11/9/10; 100 shares expire each on 11/9/11, 11/9/12, 11/9/13, 11/9/14, 11/9/15 1,000 shares exercisable each on 11/22/07, 11/22/08, 11/22/09, 11/22/10, 11/22/11; 1,000 shares expire each on 11/22/12, 11/22/13, 11/22/14, 11/22/15, 11/22/16 Jeffrey C. Kostelni 2006-12-15