Sec Form 4 Filing - Frost Ronald @ MERIT MEDICAL SYSTEMS INC - 2015-03-12

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
Frost Ronald
2. Issuer Name and Ticker or Trading Symbol
MERIT MEDICAL SYSTEMS INC [ MMSI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
1600 WEST MERIT PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
03/12/2015
(Street)
SOUTH JORDAN, UT84095
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, No Par Value 15,840 I By 401(k) plan ( 1 )
Common Stock, No Par Value 03/12/2015 M 5,266 A $ 11.53 5,266 D
Common Stock, No Par Value 03/12/2015 S 5,266 D $ 19.5 0 D
Common Stock, No Par Value 03/13/2015 M 2,633 A $ 11.53 2,633 D
Common Stock, No Par Value 03/13/2015 S 2,633 D $ 19.5 0 D
Common Stock, No Par Value 03/16/2015 M 3,351 A $ 11.53 3,351 D
Common Stock, No Par Value 03/16/2015 S 3,351 D $ 19.5 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
Non-qualified stock options (right to buy) $ 11.53 03/12/2015 M 5,266 05/21/2009( 2 ) 05/21/2015 Common Stock 11,250 $ 0 5,984 D
Non-qualified stock options (right to buy) $ 11.53 03/13/2015 M 2,633 05/21/2009( 2 ) 05/21/2015 Common Stock 5,984 $ 0 3,351 D
Non-qualified stock options (right to buy) $ 11.53 03/16/2015 M 3,351 05/21/2009( 2 ) 05/21/2015 Common Stock 3,351 $ 0 0 D
Non-qualified stock options (right to buy) $ 13.75 08/11/2012( 3 ) 08/11/2018 Common Stock 15,000 15,000 D
Non-qualified stock options (right to buy) $ 13.14 07/31/2014( 4 ) 07/31/2020 Common Stock 10,000 10,000 D
Non-qualified stock options (right to buy) $ 12.06 10/04/2015( 5 ) 10/04/2021 Common Stock 25,000 25,000 D
Non-qualified stock options (right to buy) $ 17.27 02/13/2016( 6 ) 02/13/2022 Common Stock 20,000 20,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Frost Ronald
1600 WEST MERIT PARKWAY
SOUTH JORDAN, UT84095
Chief Operating Officer
Signatures
Gregory L. Barnett, Attorney-in-Fact 03/16/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents plan holdings as of 03/11/2015.
( 2 )Become exercisable in equal annual installments of 20% commencing 05/21/2009.
( 3 )Become exercisable in equal annual installments of 20% commencing 08/11/2012.
( 4 )Become exercisable in equal annual installments of 20% commencing 07/31/2014.
( 5 )Become exercisable in equal annual installments of 20% commencing 10/04/2015.
( 6 )Become exercisable in equal annual installments of 20% commencing 02/13/2016.

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).
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