Sec Form 4 Filing - DONNE BRIAN DELLE @ RCM TECHNOLOGIES INC - 2003-11-13

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 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 DONNE BRIAN DELLE 2. Issuer Name and Ticker or Trading Symbol RCM TECHNOLOGIES INC [ RCMT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Operating Officer (Last) (First) (Middle) 2500 MCCLELLAN AVE., SUITE 350 3. Date of Earliest Transaction (MM/DD/YY) 11/13/2003 (Street) PENNSAUKEN, NJ08109 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 11/13/2003 A 11,263 A 0( 3 ) D Common Stock 11/13/2003 A 10,485 A 33,748 D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 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 buy) $ 15.06 11/13/2003 D 30,000 11/01/2000 11/01/2008 Common Stock 30,000 ( 1 ) 0 D Stock Option (right to buy) $ 11.5 11/13/2003 D 20,000 06/17/2001 06/17/2009 Common Stock 20,000 ( 2 ) 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other DONNE BRIAN DELLE 2500 MCCLELLAN AVE. SUITE 350 PENNSAUKEN, NJ08109 Chief Operating Officer Signatures Stanton Remer, attorney-in-fact for Brian Delle Donne 11/13/2003 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On November 13, 2003, the issuer canceled, pursuant to the issuer's exchange offer, an option granted to the reporting person on November 1, 1998. In exchange for the option, the reporting person received 11,263 shares of common stock and $47,541.12. ( 2 )On November 13, 2003, the issuer canceled, pursuant to the issuer's exchange offer, an option granted to the reporting person on June 17, 1999. In exchange for the option, the reporting person received 10,485 shares of common stock and $44,257.19. ( 3 )The aggregate number of securities beneficially owned directly by the reporting person following the reported transaction is shown in row 2 on Table I.

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).

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