Compass Diversified Holdings — Director's Dealing 2009

May 6, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Compass Diversified Holdings (CODI)
CIK: 0001345126
Period of Report: 2009-05-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-04	Shares	P	200	$9.15	Acquired	277374	Indirect
2009-05-04	Shares	P	106	$9.26	Acquired	277480	Indirect
2009-05-04	Shares	P	181	$9.2689	Acquired	277661	Indirect
2009-05-04	Shares	P	594	$9.27	Acquired	278255	Indirect
2009-05-05	Shares	P	100	$9.05	Acquired	278355	Indirect
2009-05-05	Shares	P	200	$9.11	Acquired	278555	Indirect
2009-05-05	Shares	P	100	$9.13	Acquired	278655	Indirect
2009-05-05	Shares	P	200	$9.20	Acquired	278855	Indirect
2009-05-05	Shares	P	100	$9.24	Acquired	278955	Indirect
2009-05-05	Shares	P	388	$9.25	Acquired	279343	Indirect
2009-05-06	Shares	P	100	$9.08	Acquired	279443	Indirect
2009-05-06	Shares	P	200	$9.16	Acquired	279643	Indirect
2009-05-06	Shares	P	100	$9.17	Acquired	279743	Indirect
2009-05-06	Shares	P	81	$9.18	Acquired	279824	Indirect
2009-05-06	Shares	P	101	$9.21	Acquired	279925	Indirect
2009-05-06	Shares	P	100	$9.22	Acquired	280025	Indirect
2009-05-06	Shares	P	100	$9.23	Acquired	280125	Indirect
2009-05-06	Shares	P	100	$9.34	Acquired	280225	Indirect
2009-05-06	Shares	P	100	$9.41	Acquired	280325	Indirect
2009-05-06	Shares	P	100	$9.49	Acquired	280425	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Shares	113515	Direct

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: The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Pharos I LLC on May 29, 2008.

F3: 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.