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 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 *

BERNSTEIN DANIEL
2. Issuer Name and Ticker or Trading Symbol

BEL FUSE INC /NJ [ BELFB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

C/O BEL FUSE INC, 206 VAN VORST STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

12/13/2010
(Street)

JERSEY CITY, NJ 07302
(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)
Code V Amount (A) or (D) Price
Class B Common Stock   12/13/2010     S    13500   D $22.6462   24300   I   As custodian for children   (1)
Class B Common Stock                  170883   D    
Class B Common Stock                  59052   I   By limited liability company   (2)
Class B Common Stock                  7789   I   By 401(k) plan   (3)
Class A Common Stock                  160319   D    
Class A Common Stock                  11500   I   As custodian for children   (1)
Class A Common Stock                  1583   I   By 401(k) plan   (3)

Table II - Derivative Securities 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 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 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

Explanation of Responses:
( 1)  Mr. Bernstein's children are now adults, and he has no pecuniary interest in the shares held as custodian for his children. Accordingly, in accorance with SEC rules, Mr. Bernstein will no longer be reporting his children's ownership of Bel Fuse Inc. common stock on his beneficial ownership forms.
( 2)  These shares are owned by a family limited liability company of which Mr. Bernstein is a member.
( 3)  The number of shares held in the 401(k) plan is estimated.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BERNSTEIN DANIEL
C/O BEL FUSE INC
206 VAN VORST STREET
JERSEY CITY, NJ 07302
X
President and CEO

Signatures
Laura R. Kuntz, Esq., Attorney-in-Fact 12/15/2010
** 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.
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