UFP TECHNOLOGIES INC — Director's Dealing 2012

Mar 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UFP TECHNOLOGIES INC (UFPT)
CIK: 0000914156
Period of Report: 2012-03-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-05	Common Stock, $.01 Par Value	S	21064	$17.93	Disposed	754214	Direct
2012-03-05	Common Stock, $.01 Par Value	M	46620	$1.00	Acquired	800834	Direct
2012-03-05	Common Stock, $.01 Par Value	F	2527	$18.45	Disposed	798307	Direct
2012-03-05	Common Stock, $.01 Par Value	F	14022	$18.45	Disposed	784285	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-05	Employee Stock Option	$1.00	M	46620	Disposed	2013-03-25	Common Stock, $.01 Par Value (46620)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.75 to $18.35, inclusive. The reporting person undertakes to provide to UFP Technologies, Inc., any security holder of UFP Technologies, 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 ranges set forth in footnote (1) to this Form 4.

F2: Represents the payment of the exercise price of an Employee Stock Option through the attestation of previously owned shares.

F3: Represents the payment of withholding taxes incurred on the exercise of an Employee Stock Option through the withholding of shares.