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ACME UNITED CORP Director's Dealing 2005

May 2, 2005

33889_dirs_2005-05-02_9b5dace7-819e-4931-84fa-b5d91c2899d6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACME UNITED CORP (ACU)
CIK: 0000002098
Period of Report: 2005-04-28

Reporting Person: OLSCHAN BRIAN S (Director, EVP, Chief Operations Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-04-28 Employee Stock Option $15.65 A 15000 Acquired 2015-04-28 Common Stock (15000) Direct

Footnotes

F1: 3,750 shares will vest on April 29, 2005, 3,750 shares will vest on April 29, 2006, 3,750 shares will vest on April 29, 2007 and 3,750 shares will vest on April 29, 2008.