Sec Form 4 Filing - MOLINELLI JOHN J @ AMETEK INC/ - 2012-01-31

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
MOLINELLI JOHN J
2. Issuer Name and Ticker or Trading Symbol
AMETEK INC/ [ AME]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EXECUTIVE VP & CFO
(Last) (First) (Middle)
1100 CASSATT ROAD, P.O. BOX 1764
3. Date of Earliest Transaction (MM/DD/YY)
01/31/2012
(Street)
BERWYN, PA19312-1177
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 01/31/2012 M 41,805 A $ 16.8578 464,027 D
Common Stock 01/31/2012 S 41,805 D $ 47.0978 ( 2 ) 422,222 D
401k Plan 01/31/2012 J( 3 ) 1 A $ 0 765 I 401k Plan
Common Stock/serp 79,794 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
Stock Option $ 16.8578 01/31/2012 M 41,805 ( 1 ) 04/26/2012 Common Stock 41,805 $ 0 0 D
Stock Option $ 22.1778 ( 4 ) 04/25/2013 Common Stock 41,985 41,985 D
Stock Option $ 24.2933 ( 5 ) 04/23/2014 Common Stock 46,125 46,125 D
Stock Option $ 32.4 ( 6 ) 04/22/2015 Common Stock 52,305 52,305 D
Stock Option $ 21.8067 ( 7 ) 04/22/2016 Common Stock 73,215 73,215 D
Stock Option $ 29.38 ( 8 ) 04/28/2017 Common Stock 51,360 51,360 D
Stock Option $ 44.74 ( 9 ) 05/02/2018 Common Stock 28,940 28,940 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MOLINELLI JOHN J
1100 CASSATT ROAD
P.O. BOX 1764
BERWYN, PA19312-1177
EXECUTIVE VP & CFO
Signatures
/s/ John J. Molinelli 01/31/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The stock options will become exercisable in four equal installments beginning on April 27, 2006.
( 2 )The shares were sold at prices ranging from $47.00 to $47.40 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
( 3 )Represents dividend reinvestment under the Company's 401(k) Plan.
( 4 )The stock options will become exercisable in four equal installments beginning on April 26, 2007.
( 5 )The stock options will become exercisable in four equal installments beginning on April 24, 2008.
( 6 )The stock options will become exercisable in four equal installments beginning on April 23, 2009.
( 7 )The stock options will become exercisable in four equal annual installments beginning on April 23, 2010.
( 8 )The stock options will become exercisable in four equal annual installments beginning on April 29, 2011.
( 9 )The stock options will become exercisable in four equal installments beginning on May 3, 2012.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.