Compass Diversified Holdings — Director's Dealing 2008

Nov 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Compass Diversified Holdings (CODI)
CIK: 0001345126
Period of Report: 2008-11-18

Reporting Person: MASSOUD I JOSEPH (See Remarks (a))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-18	Shares	P	400	$9.64	Acquired	88160	Direct
2008-11-18	Shares	P	200	$9.65	Acquired	88360	Direct
2008-11-18	Shares	P	100	$9.66	Acquired	88460	Direct
2008-11-18	Shares	P	500	$9.68	Acquired	88960	Direct
2008-11-18	Shares	P	3800	$9.70	Acquired	92760	Direct
2008-11-18	Shares	P	1000	$9.33	Acquired	93760	Direct
2008-11-18	Shares	P	100	$9.36	Acquired	93860	Direct
2008-11-18	Shares	P	3900	$9.37	Acquired	97760	Direct
2008-11-19	Shares	P	1600	$8.71	Acquired	99360	Direct
2008-11-19	Shares	P	308	$8.73	Acquired	99668	Direct
2008-11-19	Shares	P	298	$8.72	Acquired	99966	Direct
2008-11-19	Shares	P	2794	$8.74	Acquired	102760	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Shares	273482	Indirect

Footnotes

F1: Each Share represents one undivided beneficial interest in Compass Diversified Holdings (the "Trust") property and corresponds to one trust interest of Compass Group Diversified Holdings LLC held by the Trust.

F2: Amounts with respect to Mr. Massoud reflect his beneficial ownership of Shares through his interest in, and control as Managing Member of, Pharos I LLC.