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 *
HECHLER MARKUS
  2. Issuer Name and Ticker or Trading Symbol
FREQUENCY ELECTRONICS INC [FEIM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD
3. Date of Earliest Transaction (Month/Day/Year)
07/18/2013
(Street)

MITCHEL FIELD, NY 11553
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)
Code V Amount (A) or (D) Price
Common Stock 07/18/2013   M   8,000 A $ 9.58 10,335 D  
Common Stock 07/18/2013   F   7,106 D $ 10.78 3,229 D  
Common Stock 07/18/2013   M   3,000 A $ 3.15 6,229 D  
Common Stock 07/18/2013   F   877 D $ 10.78 5,352 D  

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (1) $ 9.58 07/18/2013   M     10,000 08/01/2002 07/31/2013 Common Stock 8,000 (1) $ 9.58 7,500 D  
Stock Appreciation Rights (2) $ 3.15 07/18/2013   M     3,000 01/29/2010 01/28/2019 Common Stock 3,000 (2) $ 3.15 79,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HECHLER MARKUS
FREQUENCY ELECTRONICS INC
55 CHARLES LINDBERGH BLVD
MITCHEL FIELD, NY 11553
      Executive Vice President  

Signatures

 /s/Alan Miller by power of attorney   07/22/2013
**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 Reporting Person exercised 8,000 stock options in a cashless transaction and received 894 shares of Frequency Electronics common stock.
(2) The Reporting Person exercised a Stock Appreciation Right based on 3,000 shares of Frequency Electronics common stock, receiving 2,123 shares which is equivalent to the appreciated value of the common stock since the grant date.

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