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 *
LAMPROPOULOS FRED P
 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)
President & CEO
(Last)
(First)
(Middle)

1600 W MERIT PARKWAY		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2007
(Street)


SOUTH JORDAN, UT 84095		 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
Common Stock, No Par Value             61,013 I By 401(k)Plan (1)
Common Stock, No Par Value             779,643 D  

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
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) $ 2.07           02/12/2002(2) 02/12/2011 Common Stock
111,111
  111,111
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) $ 7.61           12/08/2002(3) 12/08/2011 Common Stock
88,889
  88,889
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) $ 9.74           02/06/2004(4) 02/06/2013 Common Stock
71,111
  71,111
D
 
Non-qualified stock options (right to buy) $ 13.81           06/10/2004 06/10/2014 Common Stock
12,000
  12,000
D
 
Non-qualified stock options (right to buy) $ 13.81           06/10/2004 06/10/2004 Common Stock
15,000
  15,000
D
 
Non-qualified stock options (right to buy) $ 21.67           12/13/2004(5) 12/13/2013 Common Stock
28,000
  28,000
D
 
Non-qualified stock options (right to buy) $ 15.03           12/18/2004 12/18/2014 Common Stock
40,000
  40,000
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) $ 17.99           07/15/2005 07/15/2015 Common Stock
75,000
  75,000
D
 
Non-qualified stock options (right to buy) $ 12.14           12/28/2005 12/28/2015 Common Stock
40,000
  40,000
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
40,000
  40,000
D
 
Non-qualified stock options (right to buy) $ 12.13           06/27/2008(7) 06/27/2014 Common Stock
15,000
  15,000
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LAMPROPOULOS FRED P
1600 W MERIT PARKWAY
SOUTH JORDAN, UT 84095		   X     President & CEO  

Signatures

Rashelle Perry, Attorney-in-Fact 02/14/2008
**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 12/31/07.
(2) Becomes exercisable in equal annual installments of 20% commencing 02/12/02.
(3) Becomes exercisable in equal annual installments of 20% commencing 12/08/02.
(4) Becomes exercisable in equal annual installments of 20% commencing 02/06/04.
(5) Becomes exercisable in equal annual installments of 20% commencing 12/13/04.
(6) Becomes exercisable in equal annual installments of 33.33% commencing 05/25/07.
(7) Becomes exercisable in equal annual installments of 20% commencing 06/27/08.

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