Insider Trades - KARLGAARD DAVID C

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KARLGAARD DAVID C: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
ARGON ST, Inc. Director NasdaqGS:STST (historical quotes, profile, SEC, other insiders)	31-Mar-09 31-Mar-09	0 47,500 47,500	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
31-Mar-09 *47,500 STST Acquisition (Non Open Market) at $18.97 per share.
(Value of $901,075)
31-Mar-09 *40,000 STST Disposition (Non Open Market) at $18.97 per share.
(Value of $758,800)
31-Mar-09 7,500 STST Disposition (Non Open Market) at $18.97 per share.
(Value of $142,275)
5-Dec-07 4,000 STST Acquisition (Non Open Market) at $0 per share.

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
31-Mar-09	*47,500	STST	Acquisition (Non Open Market) at $18.97 per share. (Value of $901,075)
31-Mar-09	*40,000	STST	Disposition (Non Open Market) at $18.97 per share. (Value of $758,800)
31-Mar-09	7,500	STST	Disposition (Non Open Market) at $18.97 per share. (Value of $142,275)
5-Dec-07	4,000	STST	Acquisition (Non Open Market) at $0 per share.