Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

Mr. Garland P. Asher, resigned as President, Chief Executive Officer and Director of PHAZAR CORP and all positions of the subsidiaries of PHAZAR CORP on October 1, 2012. Mr. Asher served on the Board of Directors since 2008 and has been our Chairman of the Board of Directors, President and Chief Executive Officer since September 2009.

It is expected that Mr. Asher will be consulting with the Company pursuant to a consulting agreement through December 31, 2012.

The Board of Directors of PHAZAR CORP has appointed Robert E. Fitzgerald as President, Chief Executive Officer and Director of the Company, effective October 1, 2012. Mr. Fitzgerald's current term as a director will expire at the Company's next annual meeting of shareholders. Mr. Fitzgerald, age 48, attended U.C.L.A and earned a degree in economics. Mr. Fitzgerald also attended U.C.L.A and received his Juris Doctorate.

Mr. Fitzgerald served as Chief Executive Officer of Proxim Wireless (fka YDI/Terabeam) from March, 1999 until February, 2008. Mr. Fitzgerald has also served as Consultant of Ubiquiti Networks from April, 2009 until August, 2010, including a portion as President. Mr. Fitzgerald is Chairman of the Board of SeeView Security, Inc., a Director of Steely Eye, Ltd. and an officer and investor in a number of entities under the control or direction of QAR, LLC. Mr. Fitzgerald currently serves as President of QAR, LLC since February, 2008. QAR, LLC provides debt and equity capital to companies.

The Board of Directors of PHAZAR CORP appointed Gary W. Havener to serve as Chairman of the Board. Mr. Havener qualifies as an independent director as defined by NASDAQ Marketplace Rule 5605(a)(2).

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

99.1 Press release dated October 3, 2012

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