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Stock Trading History of Budin Robert M

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Budin Robert M since year 2005. The trader's CIK number is 1223063. At the time of this reporting, Budin Robert M is the Director of Research Frontiers Inc . (stock ticker symbol REFR). See this page for all insider trading activities at Research Frontiers Inc .

Stock purchases, sales, and option exercises reported by insider *Budin Robert M* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2008-06-16	REFR	Research Frontiers Inc	Sale	5,700	6.23	35,511
2005-09-21	REFR	Research Frontiers Inc	Purchase	500	2.92	1,460

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Budin Robert M (Director of Research Frontiers Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.