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
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                      	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(f) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

PIZZUTI EVERETT V	2. Issuer Name and Ticker or Trading Symbol

ASTRO MED INC /NEW/ [ ALOT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Operating Officer	
(Last)          (First)          (Middle)

600 EAST GREENWICH AVENUE	3. Date of Earliest Transaction (MM/DD/YYYY)

12/4/2003		
(Street)

WEST WARWICK, RI 02893
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

_ X _ Form filed by One Reporting Person
___ 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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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  	12/4/2003  	 	M	  	15200  	A	$3.3  	202659  	D  	 	
Common Stock  	12/4/2003  	 	M	  	660  	A	$3.7  	203319  	D  	 	
Common Stock  	12/4/2003  	 	S	  	15860  	D	$16.969  	187459  	D  	 	
Common Stock  	12/5/2003  	 	M	  	13140  	A	$3.7  	200599  	D  	 	
Common Stock  	12/5/2003  	 	S	  	13140  	D	$16.985  	187459  	D   (1)	 	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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	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 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 Option (Right to purchase)  	$3.3  	12/4/2003  	 	M 	  	  	15200   	10/31/2003  	3/31/2013  	Common Stock  	15200  	$0  	0  	D  	 	
Stock Option (Right to purchase)  	$3.7  	12/4/2003  	 	M 	  	  	660   	10/18/2002  	3/18/2012  	Common Stock  	660  	$0  	61340  	D  	 	
Stock Option (Right to purchase)  	$3.7  	12/5/2003  	 	M 	  	  	13140   	10/18/2002  	3/18/2012  	Common Stock  	13140  	$0  	48200  	D  	 	

Explanation of Responses:	
(  1) 	Following the exercises and sales of shares reported herein, the reporting person beneficially owns 187,459 shares of the issuers common stock, of which (i) 180,754 shares are held directly by the reporting person, (ii) 4,975 shares are held by a member of the reporting person's immediate family and (iii) 1,730 shares are held in an employee stock ownership plan.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
PIZZUTI EVERETT V
600 EAST GREENWICH AVENUE
WEST WARWICK, RI 02893	X		Chief Operating Officer		

Signatures		
Margaret D. Farrell (Attorney-in-fact for Everett V. Pizzuti)		12/9/2003	
** 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).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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