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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1084876	Rae Systems Inc	RAE	Measuring & Controlling Devices, Nec (3829)	770588488

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1299999	W James Power	C/O Rae Systems Inc. 3775 North First Street San Jose CA 95134		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2011-06-16	40,000	$2.25	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Nonqualified Stock Option	Disposition	2011-06-16	110,000	$0.00	110,000	$3.75
Common Stock	Nonqualified Stock Option	Disposition	2011-06-16	110,000	$1.47	110,000	$0.78

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-05-17	2011-06-16	No	4	J	Direct
0	2010-06-11	2011-06-16	No	4	S	Direct

Footnotes

$2.25 is the consideration for the merger with an affiliate of Vector Capital
Cancellation of out-of-the-money stock option upon closing of the merger.
Vested over four years from grant date, which is one year prior to the Exercisable Date.
Vested over four years from grant date, which is one month prior to the Exercisable Date.
Under the Merger Agreement, vesting is accelerated for all unvested shares as of the Closing Date.
The price equals $2.25 (the merger consideration) less the exercise price.