Edgar Filing: BARNHILL ROBERT B JR

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BARNHILL ROBERT B JR

2. Issuer Name and Ticker or Trading Symbol
TESSCO TECHNOLOGIES INC [TESS]

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

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
CEO, President

(Last)

(First)

(Middle)

11126 MCCORMICK ROAD

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2012

(Street)

HUNT VALLEY, MD 21031

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
Common Stock	08/26/2011		M		22,500	A	$ 6.4	1,836,570	D
Common Stock	08/26/2011		F		13,572	D	$ 14.19	1,822,998	D
Common Stock	01/17/2012		M		22,500	A	$ 7.82	1,845,498	D
Common Stock	01/17/2012		F		13,978	D	$ 16.43	1,831,520	D
Common Stock	01/17/2012		M		22,500	A	$ 6.04	1,854,020	D
Common Stock	01/17/2012		F		12,216	D	$ 16.43	1,841,804	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option

$ 6.4

08/26/2011

22,500

10/31/2005

10/31/2011

Common Stock

22,500

$ 6.4

149,812 ⁽¹⁾

Stock Option

$ 7.82

01/17/2012

22,500

01/30/2006

01/30/2012

Common Stock

22,500

$ 7.82

127,312 ⁽²⁾

Stock Option

$ 6.04

01/17/2012

22,500

04/30/2006

04/30/2012

Common Stock

22,500

$ 6.04

104,812 ⁽³⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BARNHILL ROBERT B JR 11126 MCCORMICK ROAD HUNT VALLEY, MD 21031	X	X	CEO, President

Signatures

Robert B. Barnhill, Jr. by David M. Young by Power of Attorney		01/21/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The number of reported derivative securities includes outstanding options for 112,500 shares of Common Stock as well as outstanding Performance Stock Units (PSUs) covering 37,312 earned, non-vested shares. Of the outstanding PSUs, PSUs covering 9,000 earned, non-vested shares relate to fiscal year 2009 performance and will vest on or about May 1, 2012. PSUs covering 18,750 earned, non-vested shares relate to fiscal year 2010 performance and will vest in equal installments on or about May 1,2012 and 2013. The remaining PSU's covering 9,562 earned, non-vested shares relate to fiscal year 2011 performance and will vest in equal installments on or about May 1, 2012, 2013, and 2014.
(2)	The number of reported derivative securities includes outstanding options for 90,000 shares of Common Stock as well as outstanding Performance Stock Units (PSUs) covering 37,312 earned, non-vested shares. Of the outstanding PSUs, PSUs covering 9,00 earned, non-vested shares relate to fiscal year 2009 performance and will vest on or about May 1, 2012. PSUs covering 18,750 earned, non-vested shares relate to fiscal year 2010 performance and will vest in equal installments on or about May 1,2012 and 2013. The remaining PSU's covering 9,562 earned, non-vested shares relate to fiscal year 2011 performance and will vest in equal installments on or about May 1, 2012, 2013, and 2014.
(3)	The number of reported derivative securities includes outstanding options for 67,500 shares of Common Stock as well as outstanding Performance Stock Units (PSUs) covering 37,312 earned, non-vested shares. Of the outstanding PSUs, PSUs covering 9,00 earned, non-vested shares relate to fiscal year 2009 performance and will vest on or about May 1, 2012. PSUs covering 18,750 earned, non-vested shares relate to fiscal year 2010 performance and will vest in equal installments on or about May 1,2012 and 2013. The remaining PSU's covering 9,562 earned, non-vested shares relate to fiscal year 2011 performance and will vest in equal installments on or about May 1, 2012, 2013, and 2014.

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