UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 12 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 19, 2001 APA OPTICS, INC. (Exact name of registrant as specified in its charter) MINNESOTA 0-16106 41-1347235 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 2950 NE 84TH LANE BLAINE, MINNESOTA 55449 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (763) 784-4995 Item 5. Other Events. On September 19, 2001, the Board of Directors of APA Optics, Inc. (the "Company"), authorized the repurchase of up to the greater of 500,000 shares or $2,000,000 of the Company's Common Stock. The repurchase may be made in the open market or in negotiated transactions until September 30, 2002. The shares may be used for issuance upon exercise of stock options and warrants. The timing and amount of repurchase will depend upon market conditions. Item 7. Financial Statements and Exhibits. (c) Exhibits 99 Press Release dated September 19, 2001 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 19, 2001 APA OPTICS, INC. (Registrant) By: /s/ Anil K. Jain -------------------------- Anil K. Jain Chief Executive Officer EXHIBIT INDEX Page No. in Sequentially Exhibit Description of Exhibit Numbered Copy ------- ---------------------- ------------------------ Press Release dated 99 September 19, 2001