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^*

Deinard Theodore

(Last)

(First)

(Middle)

C/O WUERSCH & GERING LLP

100 WALL STREET 10TH FLOOR

(Street)

NEW YORK

10005

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC SYSTEMS TECHNOLOGY INC [ ELST ]

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

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former Director (1)

3. Date of Earliest Transaction (Month/Day/Year)
07/18/2018

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)
ELST Common Stock	07/18/2018		S	V	10,000	D	$0.64	273,807⁽¹⁾	I	Spouse
ELST Common Stock	07/19/2018		S	V	1,000	D	$0.65	273,807⁽¹⁾	I	Spouse
ELST Common Stock	07/19/2018		S	V	1,300	D	$0.6	273,807⁽¹⁾	I	Spouse
ELST Common Stock	08/01/2018		S	V	20,700	D	$0.51	0⁽²⁾	I	Spouse
ELST Common Stock	08/01/2018		S	V	223	D	$0.47	0⁽²⁾	D
ELST Common Stock	08/07/2018		S	V	2,000	D	$0.513	0⁽²⁾	I	Spouse
ELST Common Stock	08/07/2018		S	V	2,000	D	$0.51	0⁽²⁾	I	Spouse
ELST Common Stock	08/07/2018		S	V	23,381	D	$0.5	0⁽²⁾	I	Spouse
ELST Common Stock	08/08/2018		S	V	225,000	D	$0.451	0⁽²⁾	I	Spouse
ELST Common Stock	08/08/2018		S	V	503	D	$0.41	0⁽²⁾	I	Spouse

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)

Explanation of Responses:

1. Aggregate number of issuer securities beneficially owned by the reporting person at the end of the month of July 2018.

2. Aggregate number of issuer securities beneficially owned by the reporting person as of the date of this report after all sales of issuer securities beneficially owned by the reporting person during the month of August 2018.

Remarks:

(1) The reporting person ceased to be a director of the issuer on June 1, 2018 (the 'Cessation Date'). This Form 4 is filed in respect of all sale transactions of issuer securities beneficially owned by the reporting person during the three-months subsequent to the Cessation Date covering the period in which the reporting person remains subject to reporting under Section 16 of the Securities Exchange Act of 1934, as amended. This Form 4 also voluntarily discloses the late filing of each Form 4 which should have been filed within two business days after each of the securities sale transactions by the reporting person as disclosed in Table I hereinabove, as permitted prior to the due date for Form 5 with respect to such late filing transactions.

	/s/ Theodore Deinard	08/14/2018
	** 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).
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