SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MESCHTER GEORGE W

(Last)

(First)

(Middle)

1415 S COLLEGEVILLE RD

(Street)

COLLEGEVILLE

19426

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HARLEYSVILLE SAVINGS FINANCIAL CORP [ HARL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	09/21/2005		M		3,333⁽³⁾	A	$5.805⁽³⁾	18,067⁽³⁾	D⁽¹⁾
Common								12,512⁽³⁾	I	IRA For Person
Common								11,820⁽³⁾	I	Controlled Corporation
Common								7,640⁽³⁾	I	Individual T/F Joanne Beck
Common								1,370⁽³⁾	D⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Right to Buy Common Options	$5.805⁽³⁾	09/21/2005		D			3,333⁽³⁾	01/24/2000	01/24/2006	Common	0	$0	0	D⁽¹⁾
Right to Buy Common Options	$8.328⁽³⁾							01/24/2001	01/24/2007	Common	416⁽³⁾		416⁽³⁾	D⁽¹⁾
Right to Buy Common Options	$12.57⁽³⁾							01/24/1999	01/24/2008	Common	105⁽³⁾		0	D⁽¹⁾
Right to Buy Common Options	$12.57⁽³⁾							01/24/2000	01/24/2008	Common	105⁽³⁾		0	D⁽¹⁾
Right to Buy Common Options	$12.57⁽³⁾							01/24/2001	01/24/2008	Common	103⁽³⁾		0	D⁽¹⁾
Right to Buy Common Options	$12.57⁽³⁾							01/24/2002	01/24/2008	Common	103⁽³⁾		416⁽³⁾	D⁽¹⁾
Right to Buy Common Options	$8.7⁽³⁾							01/02/2002	01/02/2011	Common	2,083⁽³⁾		2,083⁽³⁾	D⁽¹⁾

Explanation of Responses:

1. Individually

2. Spouse C/F Child

3. ADJUSTED FOR STOCK SPLIT

	George W. Meschter	09/21/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.