Sec Form 4 Filing - BIRO JON C @ CONSOLIDATED GRAPHICS INC /TX/ - 2012-02-10

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BIRO JON C
2. Issuer Name and Ticker or Trading Symbol
CONSOLIDATED GRAPHICS INC /TX/ [ CGX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CFO & Accounting Officer
(Last) (First) (Middle)
5858 WESTHEIMER, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
02/10/2012
(Street)
HOUSTON, TX77057
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/10/2012 M 10,000 A $ 40.99 10,000 D
Common Stock 02/10/2012 M 2,000 A $ 42.34 12,000 D
Common Stock 02/10/2012 S 12,000 D $ 53.0934 ( 1 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Option (right to buy) ( 2 ) $ 40.99 02/10/2012 M 10,000 01/14/2009 01/14/2018 Common Stock 10,000 $ 0 65,000 D
Common Stock Option (right to buy) ( 3 ) $ 42.34 02/10/2012 M 2,000 09/14/2011 09/14/2020 Common Stock 2,000 $ 0 63,000 ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BIRO JON C
5858 WESTHEIMER
SUITE 200
HOUSTON, TX77057
CFO & Accounting Officer
Signatures
Michelle Holloway as Attorney in Fact for Jon C. Biro 02/14/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.86 to $53.28, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, 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 these footnotes.
( 2 )As previously reported, this stock option was granted on January 14, 2008 for the right to purchase 50,000 shares of common stock. The stock option vests in five equal annual installments commencing on January 14, 2009. Following this exercise 30,000 shares remain outstanding under such stock option, 10,000 which are unvested and 20,000 which are vested.
( 3 )As previously reported, this stock option was granted on September 14, 2010 for the right to purchase 10,000 shares of common stock. The stock option vests in five equal annual installments commencing on September 14, 2011. Following this exercise 8,000 shares remain outstanding under such stock option, all of which are unvested.
( 4 )Includes previously reported stock option grants to purchase a total of 63,000 shares of common stock, of which 20,000 are fully vested.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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