MERIT MEDICAL SYSTEMS INC — Director's Dealing 2012

Sep 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERIT MEDICAL SYSTEMS INC (MMSI)
CIK: 0000856982
Period of Report: 2012-09-13

Reporting Person: LAMPROPOULOS FRED P (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-13	Common Stock, No Par Value	M	88889	$7.79	Acquired	1103631	Direct
2012-09-13	Common Stock, No Par Value	F	59184	$15.20	Disposed	1044447	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-13	Non-qualified stock options (right to buy)	$7.79	M	88889	Disposed	2013-02-06	Common Stock (88889)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, No Par Value	85044	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-qualified stock options (right to buy)	$8.38	2013-05-22	Common Stock (33334)	33334	Direct
Non-qualified stock options (right to buy)	$17.34	2013-12-13	Common Stock (35000)	35000	Direct
Non-qualified stock options (right to buy)	$17.34	2013-12-13	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$11.05	2014-06-10	Common Stock (18750)	18750	Direct
Non-qualified stock options (right to buy)	$11.05	2014-06-10	Common Stock (15000)	15000	Direct
Non-qualified stock options (right to buy)	$12.02	2014-12-18	Common Stock (50000)	50000	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)	$14.39	2015-07-15	Common Stock (93750)	93750	Direct
Non-qualified stock options (right to buy)	$9.71	2015-12-28	Common Stock (50000)	50000	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 (50000)	50000	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 (68750)	68750	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)	$13.75	2018-08-11	Common Stock (120000)	120000	Direct

Footnotes

F1: Represents plan holdings as of 9/13/2012.

F2: Becomes exercisable in equal annual installments of 20% commencing 2/6/2004.

F3: Becomes exercisable in equal annual installments of 20% commencing 12/13/2004.

F4: Becomes exercisable in equal annual installments of 33.33% commencing 5/25/2007.

F5: Becomes exercisable in equal annual installments of 20% commencing 6/27/2008.

F6: Becomes exercisable in equal annual installments of 20% commencing 5/21/2009.

F7: Becomes exercisable in equal annual installments of 20% commencing 9/26/2010.

F8: Becomes exercisable in equal annual installments of 20% commencing 8/11/2012.

F9: Stock options were exercised in a swap transaction with the Company. 59,184 shares of common stock were surrendered for payroll taxes and payment of the option price. No shares were sold in the open market.