Sec Form 4 Filing - MEYERS DAVID P @ ANGIODYNAMICS INC - 2006-08-15

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
MEYERS DAVID P
2. Issuer Name and Ticker or Trading Symbol
ANGIODYNAMICS INC [ ANGO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
603 QUEENSBURY AVE.
3. Date of Earliest Transaction (MM/DD/YY)
08/15/2006
(Street)
QUEENSBURY, NY12804
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 356,980 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
Non-Qualified Stock Option (right to buy) $ 18.4 08/15/2006 A 6,000 08/15/2007( 1 ) 08/15/2016 Common Stock 6,000 $ 0 6,000 D
Non-Qualified Stock Option (right to buy) $ 4.3478 12/30/2004 05/29/2009 Common Stock 1,490 1,490 D
Non-Qualified Stock Option (right to buy) $ 4.3478 06/03/2005( 2 ) 06/03/2010 Common Stock 2,091 2,091 D
Non-Qualified Stock Option (right to buy) $ 4.3478 06/02/2005( 3 ) 06/02/2011 Common Stock 2,091 2,091 D
Non-Qualified Stock Option (right to buy) $ 4.4016 10/30/2004 11/23/2006 Common Stock 390 390 D
Non-Qualified Stock Option (right to buy) $ 4.716 10/30/2004 11/23/2006 Common Stock 390 390 D
Non-Qualified Stock Option (right to buy) $ 6.5217 05/21/2005( 4 ) 05/21/2012 Common Stock 2,091 2,091 D
Non-Qualified Stock Option (right to buy) $ 6.5217 05/31/2005( 5 ) 05/31/2013 Common Stock 6,273 6,273 D
Non-Qualified Stock Option (right to buy) $ 9.7986 05/29/2005 05/29/2006( 6 ) Common Stock 391 391 D
Non-Qualified Stock Option (right to buy) $ 13.18 07/20/2005( 7 ) 07/20/2014 Common Stock 6,000 6,000 D
Non-Qualified Stock Option (right to buy) $ 24.21 07/29/2006( 8 ) 07/29/2015 Common Stock 6,000 6,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MEYERS DAVID P
603 QUEENSBURY AVE.
QUEENSBURY, NY12804
X
Signatures
By: Ronald F. Lamy For: David Meyers 08/17/2006
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Options for 33 1/3% of the shares will each become exercisable on 8/15/07, 8/15/08, and 8/15/09, respectively.
( 2 )Options for 80% of the shares are exercisable on 12/30/04.Options for 20% of the shares are exercisable on 6/3/2005.
( 3 )Options for 60% of the shares are exercisable on 12/30/2004.Options for 20% of the shares are exercisable on 6/2/2005.Options for 20% of the shares will become exercisable on 6/2/2006.
( 4 )Options for 40% of the shares are exercisable on 12/30/04.Options for 20% of the shares are each exercisable on 5/21/05, 5/21/2006 and 5/21/2007, respectively.
( 5 )Options for 20% of the shares are exercisable on 12/30/04.Options for 20% of the shares are each exercisable on 5/31/2005, 5/31/2006, 5/31/2007, and 5/31/2008 respectively.
( 6 )Options for 390 shares each expire on May 29, 2006 and May 29, 2007, respectively.
( 7 )Options for 25% of the shares are each exercisable on 7/20/05, 7/20/06, 7/20/07, 7/20/08, respectively.
( 8 )Options for 33 1/3% of the shares are each exercisable on 7/29/06, 7/29/07, and 7/29/08, respectively.

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.