Sec Form 4 Filing - JENNESS CALVIN E @ BLOUNT INTERNATIONAL INC - 2012-08-13

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
JENNESS CALVIN E
2. Issuer Name and Ticker or Trading Symbol
BLOUNT INTERNATIONAL INC [ BLT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. Vice President & CFO
(Last) (First) (Middle)
4909 SE INTERNATIONAL WAY
3. Date of Earliest Transaction (MM/DD/YY)
08/13/2012
(Street)
PORTLAND, OR97222
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 08/13/2012 M 25,000 A $ 3.866 60,900 D
Common Stock 08/13/2012 S 25,000 D $ 12.966 ( 2 ) 35,900 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 $ 3.866 08/13/2012 M 25,000 ( 1 ) 11/05/2012 Common Stock 25,000 $ 3.866 187,870 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
JENNESS CALVIN E
4909 SE INTERNATIONAL WAY
PORTLAND, OR97222
Sr. Vice President & CFO
Signatures
Chad E. Paulson 08/13/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Stock Options awarded were to vest over three years (33.33%) annually) starting on the first anniversary of the date of grant; however, all unvested stock options vested on December 20, 2004 pursuant to a Change-In-Control (as defined in the 2000 Stock Incentive Plan).
( 2 )The shares were sold in multiple tranches at different market prices between $12.90 and $13.03, with the average price of $12.966 and totaling $324,150.00.

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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