VERU INC. — Director's Dealing 2010

Dec 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEMALE HEALTH CO (FHCO)
CIK: 0000863894
Period of Report: 2010-12-13

Reporting Person: DEARHOLT STEPHEN M (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-13	Common Stock, par value $.01 per share	S	150000	$5.5	Disposed	2209781	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	30650	Indirect
Common Stock, par value $.01 per share	69500	Indirect
Common Stock, par value $.01 per share	275820	Indirect
Common Stock, par value $.01 per share	418100	Indirect

Footnotes

F1: The price reported above is the average transaction price. The range of prices for such transactions is $5.50 to $5.50014. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.

F2: Shares are held by the reporting person's self-directed IRA.

F3: Shares are held by a profit sharing plan, of which the reporting person is a beneficiary.

F4: Shares are held by a trust, of which the reporting person is a trustee.

F5: Shares are held by a trust, of which the reporting person is a trustee.