VERU INC. — Director's Dealing 2010

Mar 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEMALE HEALTH CO (FHCO)
CIK: 0000863894
Period of Report: 2010-03-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-11	Common Stock, par value $.01 per share	S	688	$6.7411	Disposed	2428838	Direct
2010-03-12	Common Stock, par value $.01 per share	S	16700	$6.7641	Disposed	2412138	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	28500	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 $6.72 to $6.75. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.

F2: The price reported above is the average transaction price. The range of prices for such transactions is $6.74 to $6.80. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.

F3: Shares are held by the reporting person's self-directed IRA.

F4: Shares are held by a profit sharing plan, of which the reporting person is a beneficiary.

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

F6: Shares are held by a trust, of which the reporting person is a trustee.