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 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. Date of Earliest Transaction (MM/DD/YYYY)

3/16/2015
(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)
Code V Amount (A) or (D) Price
Common Stock, No Par Value                  80885   I   By 401(k) plan   (1)
Common Stock, No Par Value                  4271   (2) D    
Common Stock, No Par Value                  29524   I   Family Limited Liability Company   (3)
Common Stock, No Par Value   3/16/2015     M    18750   A $11.41   420841   D    
Common Stock, No Par Value   3/16/2015     M    43750   A $11.53   464591   D    
Common Stock, No Par Value   3/16/2015     F    44988   (4) D $19.60   419603   D    

Table II - Derivative Securities 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 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 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)   $11.41   3/16/2015     M         18750    5/25/2005   5/25/2015   Common Stock   18750   $0   0   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   3/16/2015     M         43750    5/21/2009   (5) 5/21/2015   Common Stock   43750   $0   0   D    
Non-qualified stock options (right to buy)   $13.82                    9/26/2010   (6) 9/26/2016   Common Stock   25000     25000   D    
Non-qualified stock options (right to buy)   $13.75                    8/11/2012   (7) 8/11/2018   Common Stock   80000     80000   D    
Non-qualified stock options (right to buy)   $12.06                    10/4/2015   (8) 10/4/2021   Common Stock   10000     10000   D    
Non-qualified stock options (right to buy)   $17.27                    2/13/2016   (9) 2/13/2022   Common Stock   21800     21800   D    

Explanation of Responses:
( 1)  Represents plan holdings as of 03/17/2015.
( 2)  Employee stock purchase plan holdings as of 03/17/2015.
( 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)  Stock options were exercised in a swap transaction with the Company. 44,988 shares of common stock were surrendered for payroll taxes and payment of the option price. No shares were sold in the open market.
( 5)  Becomes exercisable in equal annual installments of 20% commencing 05/21/2009.
( 6)  Becomes exercisable in equal annual installments of 20% commencing 09/26/2010.
( 7)  Becomes exercisable in equal annual installments of 20% commencing 08/11/2012.
( 8)  Becomes exercisable in equal annual installments of 20% commencing 10/04/2015.
( 9)  Becomes exercisable in equal annual installments of 20% commencing 02/13/2016.

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
Rashelle Perry, Attorney-in-Fact 3/18/2015
** 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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