X0201 4 2004-01-26 0 0000919583 CELERITEK INC/CA CLTK 0001227907 FINNEY RICHARD G C/O CELERITEK, INC. 3236 SCOTT BLVD. SANTA CLARA CA 95054 0 1 0 0 Vice President Common Stock 2004-01-26 4 M 0 15000.0000 4.0000 A 37000.0000 D Common Stock 2004-01-26 4 M 0 15000.0000 5.6250 A 52000.0000 D Common Stock 2004-01-26 4 M 0 10000.0000 5.6250 A 62000.0000 D Common Stock 2004-01-26 4 M 0 6563.0000 3.0000 A 68563.0000 D Common Stock 2004-01-26 4 M 0 3021.0000 3.0000 A 71584.0000 D Employee stock option (Right to buy) 4.0000 2004-01-26 4 M 0 15000.0000 0 D 2009-03-31 Common Stock 15000.0000 0 D Employee stock option (Right to buy) 5.6250 2004-01-26 4 M 0 15000.0000 0 D 2008-05-01 Common Stock 15000.0000 0 D Employee stock option (Right to buy) 5.6250 2004-01-26 4 M 0 10000.0000 0 D 2006-03-01 Common Stock 10000.0000 0 D Employee stock option (Right to buy) 3.0000 2004-01-26 4 M 0 6563.0000 0 D 2005-03-14 Common Stock 6563.0000 0 D Employee stock option (Right to buy) 3.0000 2004-01-26 4 M 0 3021.0000 0 D 2004-02-03 Common Stock 3021.0000 0 D The Reporting Person exercised in full the 15,000 share stock option granted under the Celeritek, Inc. 1994 Stock Option Plan (the "1994 Plan") on March 31, 1999. Such option became exercisable at the rate of 1/8th of the shares on September 30, 1999 and 1/48th of the shares at the end of each full month thereafter. The Reporting Person exercised in full the 15,000 share stock option granted under the 1994 Plan on July 6, 1998. Such option became exercisable at the rate of 1/8th of the shares on November 1, 1998 and 1/48th of the shares at the end of each full month thereafter. The Reporting Person exercised in full the 10,000 share stock option granted under the 1994 Plan on July 6, 1998. Such option became exercisable at the rate of 1/8th of the shares on September 1, 1996 and 1/48th of the shares at the end of each full month thereafter. The Reporting Person exercised 6,563 shares of the 7,500 share stock option granted under the 1994 Plan on March 14, 1995. Such option became exercisable at the rate of 1/48th of the shares on April 14, 1995 and at the end of each full month thereafter. The Reporting Person exercised 3,021 shares of the 5,001 share stock option granted under the Celeritek, Inc. 1985 Incentive Stock Program on February 3, 1994. Such option became exercisable at the rate of 1/48th of the shares on March 3, 1994 and at the end of each full month thereafter. Conformed Signature 2004-01-28