SEC FORM 3

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Hajdu Richard

(Last)

(First)

(Middle)

2040 JENNIFER STREET

(Street)

AKRON

44313

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2004

3. Issuer Name and Ticker or Trading Symbol
CHYRON CORP [ CYRO ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Sales & Marketing

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	11,711.466⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Options⁽²⁾	10/28/1999⁽³⁾	10/27/2008	Common Stock	10,000	$2	D
Options⁽²⁾	12/14/1999	12/13/2008	Common Stock	5,000	$2.125	D
Options⁽²⁾	12/14/2003⁽⁵⁾	12/13/2008	Common Stock	5,000	$2.125	D
Options⁽²⁾	07/21/1999⁽⁴⁾	07/20/2009	Common Stock	15,000	$1.625	D
Options⁽²⁾	10/27/2000⁽³⁾	10/26/2009	Common Stock	10,000	$0.75	D
Options⁽²⁾	05/24/2001⁽³⁾	05/23/2010	Common Stock	15,000	$3.375	D
Options⁽²⁾	10/25/2001⁽³⁾	10/24/2010	Common Stock	10,000	$2.1875	D
Options⁽²⁾	01/25/2002⁽⁶⁾	07/24/2011	Common Stock	20,000	$0.55	D
Options⁽²⁾	12/13/2003⁽³⁾	12/12/2012	Common Stock	20,000	$0.27	D
Options⁽²⁾	11/07/2004⁽³⁾	11/06/2013	Common Stock	10,000	$0.35	D
Options⁽²⁾	05/18/2005⁽³⁾	05/17/2014	Common Stock	130,000	$0.67	D

Explanation of Responses:

1. Common Stock held in Chyron Corp 401(k) Plan.

2. Incentive Stock Options for Chyron Common Stock.

3. One-third of the options become exercisable at the 1st, 2nd and 3rd year anniversary of the grant date. Date shown is 1st date any options granted may be exercised.

4. Vested 100% on grant date.

5. Vested 100% 60 months after grant date.

6. Vested 100% 6 months after grant date.

	Richard Hajdu	10/08/2004
	** 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 5 (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.
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