ESCO TECHNOLOGIES INC — Director's Dealing 2011

Feb 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCO TECHNOLOGIES INC (ESE)
CIK: 0000866706
Period of Report: 2011-02-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-08	Common Stock	S	5965	$40.32	Disposed	356923	Direct
2011-02-08	Common Stock	M	6011	$12.64	Acquired	362934	Direct
2011-02-08	Common Stock	S	6011	$40.30	Disposed	356923	Direct
2011-02-08	Common Stock	M	11736	$12.64	Acquired	368659	Direct
2011-02-08	Common Stock	F	3672	$40.39	Disposed	364987	Direct
2011-02-08	Common Stock	M	6888	$14.52	Acquired	371875	Direct
2011-02-08	Common Stock	F	2476	$40.39	Disposed	369399	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-08	Employee Stock Option (Right to Buy)	$12.64	M	6011	Disposed	2011-10-17	Common Stock (6011)	Direct
2011-02-08	Employee Stock Option (Right to Buy)	$12.64	M	11736	Disposed	2011-10-17	Common Stock (11736)	Direct
2011-02-08	Employee Stock Option (Right to Buy)	$14.52	M	6888	Disposed	2012-08-05	Common Stock (6888)	Direct

Footnotes

F1: Weighted average price - range $40.18 to $40.58

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

F4: Not applicable

F5: 3,824 shares on 10/17/2003
7,912 shares on 10/17/2004