Kornelsen Vern D Form 4 ELECTRONIC SYSTEMS TECHNOLOGY / VERN D KORNELSEN ownership change

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

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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^*

EDCO PARTNERS LLLP

(Last) (First) (Middle)

4605 DENICE DR

(Street)

ENGLEWOOD CO 80111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC SYSTEMS TECHNOLOGY INC [ ELST ]

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

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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
Common Stock	04/29/2015		P		25	A	$0.7996	1,345,325	I	Owned by EDCO Partners LLLP(1)
Common Stock	04/30/2015		P		73,000	A	$0.4001	1,418,325	I	Owned by EDCO Partners LLLP(1)

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

1. Name and Address of Reporting Person^*

EDCO PARTNERS LLLP

(Last) (First) (Middle)

4605 DENICE DR

(Street)

ENGLEWOOD CO 80111

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

KORNELSEN VERN D

(Last) (First) (Middle)

4505 DENICE DRIVE

(Street)

ENGLEWOOD CO 80111

(City) (State) (Zip)

Explanation of Responses:

1. These shares are owned directly by EDCO Partners LLLP, and indirectly by Vern D. Kornelsen, who is general partner of EDCO Partners LLLP. EDCO Partners LLLP is a ten percent owner of the issuer. Mr. Kornelsen is a director and ten percent owner of the issuer.

	/s/ Vern D. Kornelsen, General Partner	05/01/2015
	/s/ Vern D. Kornelsen	05/01/2015
	** 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).
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