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
[ X ] Form 4 Transactions Reported 		UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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 *

FURST ROBERT D JR

2. Issuer Name and Ticker or Trading Symbol

SENTRY TECHNOLOGY CORP [SKVY]

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

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)

(Last)          (First)          (Middle)

C/O ALTERNATIVE STRATEGY ADVISERS LLC,  601 CARLSON PARKWAY - SUITE 610

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2008 
(Street)

MINNETONKA, MN 55305

(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)
Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or 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
(MM/DD/YYYY) 		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 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
stock options   $2.37   2/12/2008     J4   (1)    3000    2/12/1998   2/12/2008   common stock   3000   $0   211000   D    
stock options   $0.060   8/13/2008     A4   75000       8/13/2008   8/13/2018   common stock   75000   $0   286000   D    
warrants   $0.10   4/28/2008     J4   (2)    1150000    4/28/2006   4/28/2008   common stock   1150000   $0   27634568   (3) D    
warrants   $0.10   5/1/2008     A4   4625000       5/1/2008   5/1/2010   common stock   4625000   $0   27634568   (3) D    
warrants   $0.053   12/15/2008     J4   (2)    2594340    12/15/2006   12/15/2008   common stock   2594340   $0   25040228   D    

Explanation of Responses:
( 1)  The stock options expired with no value realized by Mr. Furst.
( 2)  These warrants expired with no value received by Mr. Furst.
( 3)  This total number was previously reported and is correct, but the transaction was omitted in error.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FURST ROBERT D JR
C/O ALTERNATIVE STRATEGY ADVISERS LLC
601 CARLSON PARKWAY - SUITE 610
MINNETONKA, MN 55305 		X X


Signatures
/s/ Robert D. Furst, Jr. 3/10/2009
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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