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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* SLADE JANET H (Last) (First) (Middle) C/O HICKOK INCORPORATED 10514 DUPONT AVE (Street) CLEVELAND OH 44108 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol HICKOK INC [ HICKA.OB ]	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) 02/26/2009
	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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$2.5	02/26/2009		A		1,000		(1)	02/26/2019	Class A Common Shares	1,000	$0	10,000(2)	D

Explanation of Responses:

1. Granted pursuant to the Hickok Incorporated 2007 Outside Directors Stock Option Plan which complies with Rule 16b-3. These options become exercisable in equal 33% increments over three years beginning on the first anniversary of the date of the grant.

2. The reporting person still holds previously reported options to buy 9,000 Class A Common Shares granted pursuant to the Hickok Incorporated 1997 Outside Directors Stock Option Plan, the Hickok Incorporated 2000 Outside Directors Stock Option Plan, the Hickok Incorporated 2003 Outside Directors Stock Option Plan and the Hickok Incorporated 2007 Outside Directors Stock Option Plan. All these plans comply with Rule 16b-3. These options were granted between February 25, 2000 and February 21, 2008 at exercise prices ranging from $3.55 to $11.00, become or became exercisable between February 25, 2001 and February 21, 2011, and will expire between February 25, 2010 and February 21, 2018. The total number of options set forth in column No. 9 reflects the expiration of options to purchase 1,000 Class A Common Shares granted to the reporting person on February 25, 1999, which options expired on February 25, 2009.

	/s/ Janet H. Slade	02/27/2009
	** 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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