SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: October 17, 1995
(Date of earliest event reported)
HERLEY INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-5411 23-2413500
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
10 Industry Drive, Lancaster, Pennsylvania 17603
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (717) 397-2777
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(Former name of former address, if changed since last report.)
Item 5: Other Events
In furtherance of a resolution adopted by the Board of
Directors on October 17, 1995, the Company loaned to Lee N. Blatt and Gerald I.
Klein the sums of $1,400,000 and $300,000, respectively, pursuant to the terms
of non-negotiable promissory notes. Mr. Blatt's loan is secured by 315,774
shares of the Company's Common Stock and Mr. Klein's loan is secured by 80,000
shares of the Company's Common Stock.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
10.1 Promissory Note of Lee N. Blatt payable to the Company in the
amount of $1,400,000.
10.2 Promissory Note of Gerald I. Klein payable to the Company in the
amount of $300,000.
SIGNATURES
Pursuant to the requirements of Section 12 of the Securities Exchange
Act of 1934, the registrant has duly caused this registration statement to be
signed on its behalf by the undersigned, thereto duly authorized.
HERLEY INDUSTRIES, INC.
By: /S/ MYRON LEVY
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Myron Levy, President
Dated: January 18, 1996