Edgar Filing: Omega Flex, Inc.

Ownership Submission

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

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 ^*

Kane Paul James

2. Issuer Name and Ticker or Trading Symbol
Omega Flex, Inc. [OFLX]

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
VP - Finance

(Last)

(First)

(Middle)

1085 NICOLE DRIVE

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2013

(Street)

NEWTOWN SQUARE,Â PAÂ 19073

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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.

SEC 2270 (9-02)

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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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 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

Phantom stock ⁽¹⁾

$ 0 ⁽²⁾

03/05/2007

454

03/05/2011

Common stock

454

$ 0

454

Phantom stock

$ 0

03/06/2008

1,269

03/06/2012

Common stock

1,269

$ 0

1,723

Phantom stock

$ 0

02/20/2009

1,601

02/20/2013

Common stock

1,601

$ 0

3,324

Phantom stock

$ 0

03/03/2010

1,500

03/03/2014

Common stock

1,500

$ 0

4,824

Phantom stock

$ 0

03/03/2011

1,500

03/03/2015

Common stock

1,500

$ 0

6,324

Phantom stock

$ 0

03/05/2011

454

03/05/2011

Common stock

454

$ 12.95

5,870

Phantom stock

$ 0

02/16/2012

1,500

02/16/2016

Common stock

1,500

$ 0

7,370

Phantom stock

$ 0

03/06/2012

1,269

03/06/2012

Common stock

1,269

$ 13.1

6,101

Phantom stock

$ 0

02/20/2013

1,601

02/20/2013

Common stock

1,601

$ 14.8

4,500

Phantom stock

$ 0

04/03/2013

1,500

04/03/2017

Common stock

1,500

$ 0

6,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Kane Paul James 1085 NICOLE DRIVE NEWTOWN SQUARE,Â PAÂ 19073	Â	Â	Â VP - Finance	Â

Signatures

Timothy P Scanlan / by POA		01/09/2014
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	All phantom stock units are only exercisable for cash.
(2)	Conversion is one-for-one.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.