SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BEAN REX C

(Last) (First) (Middle)
1600 W. MERIT PARKWAY

(Street)
SOUTH JORDAN UT 84095

(City) (State) (Zip)
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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2004
4. If Amendment, Date of 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
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 02/25/2004 02/25/2004 S 2,000 D $20 243,172 D(1)
Common Stock, no par value 02/26/2004 02/26/2004 S 2,000 D $20.1 241,172 D(1)
Common Stock, no par value 02/26/2004 02/26/2004 S 4,000 D $20.2 239,172 D(1)
Common Stock, no par value 02/26/2004 02/26/2004 S 2,000 D $20.3 235,172 D(1)
Common Stock, no par value 02/26/2004 02/26/2004 S 2,000 D $20.4 233,172 D(1)
Common Stock, no par value 08/08/1988 08/08/1988 M 16,800 A (2) 16,800 D(2)
Common Stock, no par value 08/08/1988 08/08/1988 M 70,112 A (3) 70,112 D(2)
Common Stock, no par value 08/08/1988 08/08/1988 M 17,777 A (4) 17,777 D(4)
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 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: 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
Nonqualified Stock Option (right to buy) $2.12 08/08/1988 08/08/1988 M 20,833 05/26/1999 05/26/2004 Common Stock 20,833 $2.12 20,833 D
Nonqualified Stock Option (right to buy) $1.62 08/08/1988 08/08/1988 M 20,833 05/24/2000 05/24/2005 Common Stock 20,833 $1.62 20,833 D
Nonqualified Stock Option (right to buy) $2.85 08/08/1988 08/08/1988 M 27,777 05/23/2001 05/23/2011 Common Stock 27,777 $2.85 27,777 D
Nonqualified Stock Option (right to buy) $9.56 08/08/1988 08/08/1988 M 17,777 05/23/2002 05/23/2012 Common Stock 17,777 $9.56 17,777 D
Nonqualified Stock Option (right to buy) $10.47 08/08/1988 08/08/1988 M 26,667 05/22/2003 05/22/2013 Common Stock 26,667 $10.47 26,667 D
Nonqualified Stock Option (right to buy) $21.67 08/08/1988 08/08/1988 M 15,000 12/13/2003 12/13/2013 Common Stock 15,000 $21.67 15,000 D
Explanation of Responses:
1. Bean Family Investment LLC
2. Rex Bean Trust (revocable)
3. Rex & Anita Bean Trust
4. Rex Bean Cert
Rex C. Bean by Greg Barnett as Atty-in-Fact, per Pwr of Atty dtd 9/14/02, a manually signed copy of which is on file with the SEC and is incorporated herein by reference 02/26/2004
** 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 Number.