ESCO TECHNOLOGIES INC — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCO TECHNOLOGIES INC (ESE)
CIK: 0000866706
Period of Report: 2011-01-01

Reporting Person: MCCONNELL JAMES M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-01	Common Stock	A	800	—	Acquired	17480	Direct
2011-01-01	Common Stock	M	2060	—	Acquired	19540	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-01	Phantom Stock Units	$	M	2060	Disposed	1988-08-08	Common Stock (2060)	Direct

Footnotes

F1: 1 for 1

F2: The Phantom Stock Units were acquired under Issuer's Compensation Plan for Non-Employee Directors, and were settled in five annual installments ended 1/1/2011.