Ownership Submission
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

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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(Print or Type Responses)
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 (Month/Day/Year)
02/04/2011
(Street)

SOUTH JORDAN, UT 84095
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (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 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               57,681 I By 401(k) plan (1)
Common Stock, No Par Value               148,041 I Family Limited Partnership
Common Stock, No Par Value               3,416 (2) D  
Common Stock, No Par Value 02/04/2011   M   38,027 A $ 2.07 450,167 D  
Common Stock, No Par Value 02/04/2011   S   15,870 D $ 14.64 434,297 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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) $ 2.07 02/04/2011   M     38,027 02/12/2002(3) 02/12/2011 Common Stock 38,027 $ 0 0 D  
Non-qualified stock options (right to buy) $ 2.85             05/23/2001 05/23/2011 Common Stock 27,777   27,777 D  
Non-qualified stock options (right to buy) $ 7.61             12/08/2002(4) 12/08/2011 Common Stock 44,444   44,444 D  
Non-qualified stock options (right to buy) $ 9.56             05/23/2002 05/23/2012 Common Stock 17,777   17,777 D  
Non-qualified stock options (right to buy) $ 9.74             02/06/2004(5) 02/06/2013 Common Stock 35,556   35,556 D  
Non-qualified stock options (right to buy) $ 10.47             05/22/2003 05/22/2013 Common Stock 26,667   26,667 D  
Non-qualified stock options (right to buy) $ 21.67             12/13/2003 12/13/2013 Common Stock 15,000   15,000 D  
Non-qualified stock options (right to buy) $ 21.67             12/13/2004 12/13/2013 Common Stock 14,000   14,000 D  
Non-qualified stock options (right to buy) $ 13.81             06/10/2004 06/10/2014 Common Stock 6,000   6,000 D  
Non-qualified stock options (right to buy) $ 13.81             06/10/2004 06/10/2014 Common Stock 15,000   15,000 D  
Non-qualified stock options (right to buy) $ 15.03             12/18/2004 12/18/2014 Common Stock 20,000   20,000 D  
Non-qualified stock options (right to buy) $ 14.26             05/25/2005 05/25/2015 Common Stock 15,000   15,000 D  
Non-qualified stock options (right to buy) $ 12.14             12/28/2005 12/28/2015 Common Stock 20,000   20,000 D  
Non-qualified stock options (right to buy) $ 11.52             05/25/2007(6) 05/25/2013 Common Stock 15,000   15,000 D  
Non-qualified stock options (right to buy) $ 12.13             06/27/2008(7) 06/27/2014 Common Stock 20,000   20,000 D  
Non-qualified stock options (right to buy) $ 12.13             06/27/2008(7) 06/27/2014 Common Stock 15,000   15,000 D  
Non-qualified stock options (right to buy) $ 14.41             05/21/2009(8) 05/21/2015 Common Stock 35,000   35,000 D  
Non-qualified stock options (right to buy) $ 17.28             09/26/2010(9) 09/26/2016 Common Stock 20,000   20,000 D  

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   02/11/2011
**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) Represents plan holdings as of 12/31/2010.
(2) Employee stock purchase plan as of 12/31/2010.
(3) Became exercisable in equal annual installments of 20% commencing 2/12/2002.
(4) Became exercisable in equal annual installments of 20% commencing 12/8/2002.
(5) Became exercisable in equal annual installments of 20% commencing 2/6/2004.
(6) Became exercisable in equal annual installments of 33.33% commencing 5/25/2007.
(7) Became exercisable in equal annual installments of 20% commencing 6/27/2008.
(8) Became exercisable in equal annual intallments of 20% commencing 5/21/2009.
(9) Became exercisable in equal annual installments of 20% commencing 9/26/2010.

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