FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

STANGER KENT W

2. Issuer Name and Ticker or Trading Symbol

MERIT MEDICAL SYSTEMS INC [MMSI]

5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer

(Last)          (First)          (Middle)

1600 W MERIT PARKWAY

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2014 
(Street)

SOUTH JORDAN, UT 84095

(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person


Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Amount (A) or (D) Price
Common Stock, No Par Value                 80366   I   By 401(k) plan   (1)
Common Stock, No Par Value                 4271   (2) D    
Common Stock, No Par Value                 29524   (5) I   Family Limited Partnership   (3)
Common Stock, No Par Value   12/18/2014     G   1320   D   (4) 508171   D    
Common Stock, No Par Value   12/30/2014     G   585   D   (4) 402091   (5) D    

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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/YYYY)
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified stock options (right to buy)   $11.41                 5/25/2005   5/25/2015   Common Stock   18750     18750   D    
Non-qualified stock options (right to buy)   $9.71                 12/28/2005   12/28/2015   Common Stock   25000     25000   D    
Non-qualified stock options (right to buy)   $11.53                 5/21/2009   (6) 5/21/2015   Common Stock   43750     43750   D    
Non-qualified stock options (right to buy)   $13.82                 9/26/2010   (7) 9/26/2016   Common Stock   25000     25000   D    
Non-qualified stock options (right to buy)   $13.75                 8/11/2012   (8) 8/11/2018   Common Stock   80000     80000   D    
Non-qualified stock options (right to buy)   $12.06                 10/4/2015   (9) 10/4/2021   Common Stock   10000     10000   D    

Explanation of Responses:
( 1)  Represents plan holdings as of 12/31/14.
( 2)  Employee stock purchase plan as of 12/31/14.
( 3)  This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities held by K.W.S. Properties LC.
( 4)  This is a gift.
( 5)  Since the date of the reporting person's last ownership report, he transferred 105,495 shares of common stock and K.W.S. Properties LC transferred 30,477 shares of common stock to the reporting person's ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
( 6)  Becomes exercisable in equal annual installments of 20% commmencing 05/21/2009.
( 7)  Becomes exercisable in equal annual installments of 20% commmencing 09/26/2010.
( 8)  Becomes exercisable in equal annual installments of 20% commmencing 08/11/2012.
( 9)  Becomes exercisable in equal annual installments of 20% commmencing 10/04/2015.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
STANGER KENT W
1600 W MERIT PARKWAY
SOUTH JORDAN, UT 84095
X
Chief Financial Officer

Signatures
Kent W. Stanger 2/13/2015
** Signature of Reporting Person Date


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 control number.
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