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Fullmoon

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Fullmoon

Re: None

Thursday, 08/21/2003 12:35:37 PM

Thursday, August 21, 2003 12:35:37 PM

Post# of 249470
ISSUER: WAVE SYSTEMS CORP
SYMBOL: WAVX

FILER: FEENEY GERARD T
TITLE: Chief Financial Officer

DATE TRANSACTION SHARES PRICE VALUE
8/5/03 Sale 100,000 $5.00 $500,000

OWNERSHIP: 100,000 (Direct)

The Form 4 is filed with the Securities and Exchange Commission by insiders
to report transactions in their companies' shares. Open market purchases
and sales must be reported within two business days of the transaction.


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