Edgar Filing: SPARTON CORP

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

WOODS MICHAEL G

2. Issuer Name and Ticker or Trading Symbol
SPARTON CORP [SPA]

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Sr. Vice President

(Last)

(First)

(Middle)

2400 EAST GANSON STREET

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
06/30/2005

(Street)

JACKSON,Â MIÂ 4902

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

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock	Â	Â	Â	Â	Â	Â	4,200 ⁽¹⁾	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

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 Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Purchase) ⁽²⁾

$ 3.67 ⁽⁴⁾

12/18/2001⁽⁶⁾

12/18/2005

Common Stock

7,376 ⁽⁴⁾

Employee Stock Option (Right to Purchase) ⁽³⁾

$ 6.06 ⁽⁵⁾

12/21/2002⁽⁷⁾

12/21/2006

Common Stock

5,789 ⁽⁵⁾

Employee Stock Option (Right to Purchase) ⁽³⁾

$ 7.34 ⁽⁵⁾

08/23/2003⁽⁸⁾

08/23/2007

Common Stock

5,789 ⁽⁵⁾

Employee Stock Option (Right to Purchase) ⁽³⁾

$ 7.19 ⁽⁵⁾

04/25/2004⁽⁹⁾

04/25/2013

Common Stock

1,103

1,103 ⁽⁵⁾

Employee Stock Option (Right to Purchase ⁽³⁾

$ 9.45

04/22/2006⁽¹⁰⁾

04/22/2015

Common Stock

5,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
WOODS MICHAEL G 2400 EAST GANSON STREET JACKSON,Â MIÂ 4902	Â	Â	Â Sr. Vice President	Â

Signatures

By Richard L. Langley pursuant to Special Power of Attorney executed by Michael G. Woods		08/12/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The number of shares has been adjusted to reflect the 5% stock dividends paid by the Issuer on February 18, 2003, December 19, 2003 and December 15, 2004, as applicable.
(2)	The stock option was granted pursuant to the 1999 Stock Incentive Plan dated October 27, 1999 subsequently amended by the Amended and Restated Sparton Corporation Stock Incentive Plan dated October 24, 2001.
(3)	The stock option was granted pursuant to the Amended and Restated Sparton Corporation Stock Incentive Plan dated October 24, 2001.
(4)	The exercise price and number of shares have been adjusted to reflect the 5% stock dividends paid by the Issuer on February 18, 2003, December 19, 2003 and December 15, 2004, as applicable, and reduced by a partial exercise of the option.
(5)	The exercise price and number of shares have been adjusted to reflect the effect of the 5% stock dividend distributed February 18, 2003, December 19, 2003 and December 15, 2004, as applicable.
(6)	The stock options are exercisable in four equal cumulative annual installments, commencing on 12/18/01
(7)	The stock options are exercisable in four equal cumulative annual installments, commencing on 12/21/02
(8)	The stock options are exercisable in four equal cumulative annual installments, commencing on 08/23/03.
(9)	The stock options are exercisable in four equal cumulative annual installments, commencing on 4/25/04
(10)	The stock options are exercisable in four equal cumulative annual installments, commencing on 4/22/06

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