MERIT MEDICAL SYSTEMS INC — Director's Dealing 2012

Sep 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERIT MEDICAL SYSTEMS INC (MMSI)
CIK: 0000856982
Period of Report: 2012-09-19

Reporting Person: BEAN REX C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-19	Common Stock, No Par Value	M	5977	$8.38	Acquired	5977	Direct
2012-09-19	Common Stock, No Par Value	S	5977	$15.11	Disposed	0	Direct
2012-09-20	Common Stock, No Par Value	M	26801	$8.38	Acquired	26801	Direct
2012-09-20	Common Stock, No Par Value	S	26801	$15.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-19	Non-qualified stock options (right to buy)	$8.38	M	5977	Disposed	2013-05-22	Common Stock (5977)	Direct
2012-09-20	Non-qualified stock options (right to buy)	$8.38	M	26801	Disposed	2013-05-22	Common Stock (26801)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, No Par Value	60696	Indirect
Common Stock, No Par Value	158279	Indirect
Common Stock, No Par Value	500	Indirect
Common Stock, No Par Value	55203	Indirect
Common Stock, No Par Value	35149	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-qualified stock options (right to buy)	$17.34	2013-12-13	Common Stock (18750)	18750	Direct
Non-qualified stock optons (right to buy)	$11.05	2014-06-10	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$11.41	2015-05-25	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$9.22	2013-05-25	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$9.70	2014-06-27	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$11.53	2015-05-21	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$13.82	2016-09-26	Common Stock (25000)	25000	Direct
Non-qualified stock options (right to buy)	$13.16	2017-06-25	Common Stock (25000)	25000	Direct
Non-qualified stock options (right to buy)	$13.75	2018-08-11	Common Stock (20000)	20000	Direct
Non-qualified stock options (right to buy)	$12.91	2019-05-23	Common Stock (20000)	20000	Direct

Footnotes

F1: Becomes exercisable in equal annual installments of 20% commencing 06/27/2008.

F2: Becomes exercisable in equal annual installments of 20% commencing 05/21/2009.

F3: Becomes exercisable in equal annual installments of 20% commencing 09/26/2010.

F4: Becomes exercisable in equal annual installments of 20% commencing 06/25/2011.

F5: Becomes exercisable in equal annual installments of 20% commencing 08/11/2012.

F6: Becomes exercisable in equal annual installments of 20% commencing 05/23/2013.

F7: The price reported in the second line of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.10 to $15.12, inclusive. The reporting person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F8: The price reported in the fourth line of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.01, inclusive. The reporting person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.