Reporting Person: Electromagnetic Sciences, Inc.
Issuer Name and
Trading Symbol: LXE Inc. (LXEI)
TRANSACTION 1
Title of
Security : Common Stock
Date: 12/30/96
Transaction Code: J(1)
Amount: 812,442 shares
(A) or (D): A
Price: (1)
TRANSACTION 2:
Title of
Security : Common Stock
Date: 12/31/96
Transaction Code: J(2)
Amount: 5,355,716 shares
(A) or (D): D
Price: (2)
Amount of
Securities Bene-
ficially Owned at
End of Month: -0-
Footnotes:
(1) Acquisition in Exchange Offer open to all other LXE Inc. shareholders.
Each LXE share was acquired in exchange for .75 shares of Electromagnetic
Sciences, Inc., which closed at $19/share on the exchange date.
(2) Cancellation of LXE Inc. shares in merger of LXE Inc. with and into
wholly-owned subsidiary of Electromagnetic Sciences, Inc.
