- Statement of Changes in Beneficial Ownership (4)

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	OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5
	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(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* DAVIES MICHAEL J	2. Issuer Name and Ticker or Trading Symbol WEBMEDIABRANDS INC. [ WEBM ]	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) 8 PADDINGTON CIRCLE, TURNER'S COVE	3. Date of Earliest Transaction (MM/DD/YYYY) 3/16/2012
(Street) SAVANNAH, GA 31410 (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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	3/16/2012		M		47626	A	$0.26	56501	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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director Stock Option (right to buy)	$0.26	3/16/2012		M			16000	⁽¹⁾	12/12/2012	Common Stock	16000	$ 0	0	D
Director Stock Option (right to buy)	$0.26	3/16/2012		M			5000	⁽¹⁾	12/12/2012	Common Stock	5000	$ 0	0	D
Director Stock Option (right to buy)	$0.26	3/16/2012		M			6667	⁽¹⁾	9/18/2012	Common Stock	6667	$ 0	0	D
Director Stock Option (right to buy)	$0.26	3/16/2012		M			16000	⁽¹⁾	6/4/2012	Common Stock	16000	$ 0	0	D
Director Stock Option (right to buy)	$0.26	3/16/2012		M			3125	⁽¹⁾	6/4/2012	Common Stock	3125	$ 0	0	D
Director Stock Option (right to buy)	$0.26	3/16/2012		M			584	⁽¹⁾	5/15/2012	Common Stock	584	$ 0	0	D
Director Stock Option (right to buy)	$0.26	3/16/2012		M			250	⁽¹⁾	3/19/2012	Common Stock	250	$ 0	0	D
Director Stock Option (right to buy)	$0.92							⁽²⁾	9/8/2021	Common Stock	21000		21000	D
Director Stock Option (right to buy)	$0.8							⁽³⁾	9/27/2020	Common Stock	21000		21000	D
Director Stock Option (right to buy)	$0.7							⁽⁴⁾	12/9/2014	Common Stock	21000		21000	D
Director Stock Option (right to buy)	$0.44							⁽¹⁾	3/4/2014	Common Stock	21000		21000	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	2/6/2013	Common Stock	3334		3334	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	3/27/2013	Common Stock	1690		1690	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	9/17/2013	Common Stock	13334		13334	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	9/17/2013	Common Stock	3334		3334	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	3/30/2014	Common Stock	1000		1000	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	9/15/2014	Common Stock	18700		18700	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	9/15/2014	Common Stock	1300		1300	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	9/15/2014	Common Stock	5000		5000	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	2/11/2015	Common Stock	1000		1000	D
Director Stock Optioni (right to buy)	$0.26							⁽¹⁾	6/9/2015	Common Stock	11000		11000	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	6/9/2015	Common Stock	3750		3750	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	7/7/2015	Common Stock	1000		1000	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	6/7/2016	Common Stock	16000		16000	D
Director Stock Option (right to buy)	$0.26							⁽¹⁾	6/7/2016	Common Stock	5000		5000	D

Explanation of Responses:
( 1)	Options are 100% vested.
( 2)	The options were awarded on 09/08/2011 and vest over three years, with one-third vesting on each of the first, second and third anniversaries of the date of grant, provided the Optionee's employment continues.
( 3)	The options were awarded on 09/27/2010 and vest over three years, with one-third vesting on each of the first, second and third anniversaries of the date of grant, provided the Optionee's employment continues.
( 4)	The options were awarded on 12/09/2009 and vest over three years, with one-third vesting on each of the first, second and third anniversaries of the date of grant, provided the Optionee's employment continues.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
DAVIES MICHAEL J 8 PADDINGTON CIRCLE TURNER'S COVE SAVANNAH, GA 31410	X

Signatures
Michael J. Davies		3/20/2012
^** 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).
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