ESCO TECHNOLOGIES INC — Director's Dealing 2011

Feb 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCO TECHNOLOGIES INC (ESE)
CIK: 0000866706
Period of Report: 2011-02-09

Reporting Person: RICHEY VICTOR L JR (Director, Chairman, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-09	Common Stock	M	7142	$12.64	Acquired	376541	Direct
2011-02-09	Common Stock	S	7142	$39.72	Disposed	369399	Direct
2011-02-10	Common Stock	M	3111	$12.64	Acquired	372510	Direct
2011-02-10	Common Stock	S	3111	$39.59	Disposed	369399	Direct
2011-02-10	Common Stock	S	9991	$39.46	Disposed	359408	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-09	Employee Stock Option (Right to Buy)	$12.64	M	7142	Disposed	2011-10-17	Common Stock (7142)	Direct
2011-02-10	Employee Stock Option (Right to Buy)	$12.64	M	3111	Disposed	2011-10-17	Common Stock (3111)	Direct

Footnotes

F1: Weighted average price range $39.48 to $40.15

F2: The reporting person will provide, upon request of the Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F3: Weighted average price range $39.31 to $39.92.

F4: Weighted average price range $39.29 to $39.95

F5: 9,332 shares on 10/17/2002
5,510 shares on 10/17/2003
1,422 shares on 10/17/2004

F6: Not applicable