UFP TECHNOLOGIES INC - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UFP TECHNOLOGIES INC (UFPT)
CIK: 0000914156
Period of Report: 2010-03-04

Reporting Person: BAILLY R JEFFREY (Director, President and CEO, 10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-04	Common Stock, $.01 Par Value	M	125000	$2.75	Acquired	846078	Direct
2010-03-04	Common Stock, $.01 Par Value	F	32990	$10.42	Disposed	813088	Direct
2010-03-04	Common Stock, $.01 Par Value	F	29213	$10.42	Disposed	783875	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-04	Employee Stock Option	$2.75	M	125000	Disposed	2010-04-03	Common Stock, $.01 Par Value (125000)	Direct

F1: Represents the payment of the exercise price of an Employee Stock Option through the attestation of previously owned shares

F2: Represents the payment of witholding taxes incurred on the exercise of an Employee Stock Option through the witholding of shares