Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Sloyer Elliot
2. Date of Event Requiring Statement (Month/Day/Year)
03/06/2012
3. Issuer Name and Ticker or Trading Symbol
TRANS LUX CORP [TNLX]
(Last)
(First)
(Middle)
35 TOILSOME BROOK ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
03/08/2012
(Street)

STAMFORD, CT 06905
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
A Warrants (4) 11/14/2011 11/13/2012 Common Stock 50,000 $ 1 (1) I Fund manager and investor
B Warrants (4)   (2) 11/13/2014 Common Stock 50,000 $ 1 (3) I Fund manager and investor.

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sloyer Elliot
35 TOILSOME BROOK ROAD
STAMFORD, CT 06905
  X      

Signatures

/s/ Elliot S. Sloyer 03/16/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Each "A" Warrant entitles the holder to purchase one share of Common Stock at an exercise price of $1.00 per share, subject to adjustment to $0.20 per share at such time as the Certificate of Incorporation of the Company is amended to reduce the par value of the Common Stock to an amount less than $0.10.
(2) The "B" Warrant is exercisable upon the holder's exercise of the "A" Warrant, pursuant to which the "B" Warrant is issued, and is exercisable for three years from date of the transaction.
(3) Each "B" Warrant entitles the holder to purchase one share of Common Stock at an exercise price of $1.00 per share, subject to adjustment to $0.50 per share at such time as the Certificate of Incorporation of the Company is amended to reduce the par value of the Common Stock to an amount less than $0.10.
(4) Owned by WestLane Equity Income Fund LP, of which I exercise voting and investment control as the fund manager and investor.

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