Sec Form 4 Filing - Paglinco Guy A @ KID BRANDS, INC - 2011-09-29

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
Paglinco Guy A
2. Issuer Name and Ticker or Trading Symbol
KID BRANDS, INC [ KID]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP and CFO
(Last) (First) (Middle)
C/O KID BRANDS, INC., ONE MEADOWLANDS PLAZA
3. Date of Earliest Transaction (MM/DD/YY)
09/29/2011
(Street)
EAST RUTHERFORD, NJ07073
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, $0.10 stated value 09/29/2011 S 825 D $ 2.7 71,935 D
Common Stock, $0.10 stated value 09/30/2011 S 315 D $ 2.5 71,305 ( 1 ) 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Paglinco Guy A
C/O KID BRANDS, INC.
ONE MEADOWLANDS PLAZA
EAST RUTHERFORD, NJ07073
VP and CFO
Signatures
/s/ Guy A. Paglinco 04/30/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes: (i) 7,500 restricted stock units ("RSUs") granted on 3/9/12 which vest ratably over a five year period commencing 3/9/13; (ii) 6,000 unvested RSUs (out of an original grant of 10,000 RSUs granted on 3/8/10 which vest ratably over a five year period commencing 3/8/11); (ii) 3,000 unvested RSUs (out of an original grant of 5,000 RSUs granted on 8/14/09 which vest ratably over a 5-year period commencing 8/14/10), (iii) 760 unvested RSUs (out of an original grant of 1,900 RSUs granted on 10/6/08 which vest ratably over a five-year period commencing 10/6/09); (iv) 500 shares of restricted stock (out of an original grant of 2,500 shares of restricted stock granted on 8/10/07 which vest ratably over a 5-year period commencing 8/10/08), and (v) 7,899, 5,339 and 7,203 shares of stock purchased under the Issuer's 2009 Employee Stock Purchase Plan as of December 31, 2011, 2010 and 2009, 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.