UFP TECHNOLOGIES INC — Director's Dealing 2012

Feb 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UFP TECHNOLOGIES INC (UFPT)
CIK: 0000914156
Period of Report: 2012-02-17

Reporting Person: SHAW DANIEL J (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-17	Common Stock, $.01 Par Value	A	994	—	Acquired	66241	Direct
2012-02-21	Common Stock, $.01 Par Value	F	1823	$15.40	Disposed	64418	Direct

Footnotes

F1: Represents restricted stock units granted on February 18, 2011, under the issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the issuer's Compensation Committee determined the extent to which the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2013 and with respect to an additional one-third on each of March 1, 2014 and 2015, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.