Edgar Filing: GERBER SCIENTIFIC INC

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 ^*

ARTHURS JAMES S

2. Issuer Name and Ticker or Trading Symbol
GERBER SCIENTIFIC INC [GRB]

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Senior Vice President

(Last)

(First)

(Middle)

24 INDUSTRIAL PARK ROAD WEST

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2011

(Street)

TOLLAND, CT 06084

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	08/22/2011		D		31,856	D	⁽¹⁾	0	D

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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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$ 9.34

08/22/2011

5,000

12/07/2004⁽²⁾

12/07/2011

Common stock

⁽⁴⁾

Employee Stock Option (right to buy)

$ 3.35

08/22/2011

20,000

06/18/2005⁽²⁾

06/18/2012

Common stock

⁽⁴⁾

Employee Stock Option (right to buy)

$ 6.28

08/22/2011

15,000

08/02/2005⁽²⁾

08/01/2014

Common stock

⁽⁴⁾

Employee Stock Option (right to buy)

$ 9.45

08/22/2011

20,000

12/06/2008⁽²⁾

12/05/2015

Common stock

⁽⁴⁾

Employee Stock Option (right to buy)

$ 13.97

08/22/2011

20,000

12/05/2007⁽²⁾

12/04/2016

Common stock

⁽⁴⁾

Employee Stock Option (right to buy)

$ 9.5

08/22/2011

15,000

12/01/2010⁽²⁾

11/30/2007

Common stock

⁽⁴⁾

Employee Stock Option (right to buy)

$ 8.99

08/22/2011

16,800

⁽³⁾

09/25/2018

Common stock

⁽⁴⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ARTHURS JAMES S 24 INDUSTRIAL PARK ROAD WEST TOLLAND, CT 06084			Senior Vice President

Signatures

/s/ William V. Grickis Jr., Attorney-in-Fact		08/24/2011
^**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)	Disposed of pursuant to an Agreement and Plan of Merger, dated as of June 10, 2011, among Gerber Scientific, Inc., Vector Knife Holdings (Cayman), Ltd. and Knife Merger Sub, Inc., pursuant to which each share of Gerber Scientific, Inc. has been converted into the right to receive $11.00 in cash plus a contractual right to receive additional contingent cash consideration payments relating to a patent infringement claim.
(2)	Date on which option became fully vested.
(3)	Option became fully vested on the effective date of the merger, August 22, 2011.
(4)	Each vested option with an exercise price below $11.00 per share was cancelled and converted into the right to receive (1) cash equal to the product of (a) the difference between $11.00 and the applicable exercise price of such option and (b) the number of shares of the Gerber Scientific, Inc. common stock underlying such option, and (2) a contractual right to receive additional contingent cash consideration payments relating to a patent infringement claim. Each vested option with an exercise price above $11.00 per share was cancelled and converted into a contractual right to receive contingent cash consideration payments relating to a patent infringement claim.

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