UFP TECHNOLOGIES INC — Director's Dealing 2014

May 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UFP TECHNOLOGIES INC (UFPT)
CIK: 0000914156
Period of Report: 2014-05-12

Reporting Person: GESTAL KENNETH L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-12	Common Stock, $.01 Par Value	M	5788	$3.11	Acquired	7542	Direct
2014-05-12	Common Stock, $.01 Par Value	M	3500	$3.11	Acquired	11042	Direct
2014-05-12	Common Stock, $.01 Par Value	S	966	$23.75	Disposed	10076	Direct
2014-05-13	Common Stock, $.01 Par Value	S	8322	$23.59	Disposed	1754	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-12	Stock Option (Right to Buy)	$3.11	M	5788	Disposed	2014-06-02	Common Stock, $.01 Par Value (5788)	Direct
2014-05-12	Stock Option (Right to Buy)	$3.11	M	3500	Disposed	2014-07-01	Common Stock, $.01 Par Value (3500)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $23.45 to $23.92, 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 such range.