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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1. Name and Address of Reporting Person * PUDIL MICHAEL J   2. Issuer Name and Ticker or Trading Symbol WSI INDUSTRIES, INC. [WSCI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) 213 CHELSEA ROAD 3. Date of Earliest Transaction (Month/Day/Year) 04/25/2007 (Street) MONTICELLO, MN 55362 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 04/25/2007   M   20,000 A $ 4.125 25,000 (1) D   Common Stock 04/25/2007   D   15,714 D $ 5.25 9,286 (1) D   Common Stock 04/25/2007   F   1,667 D $ 5.25 7,619 (1) D   Common Stock 04/25/2007   M   20,000 A $ 2.9375 27,619 (1) D   Common Stock 04/25/2007   D   11,190 D $ 5.25 16,429 (1) D   Common Stock 04/25/2007   F   3,427 D $ 5.25 13,002 (1) D   Common Stock 04/25/2007   M   10,000 A $ 1.22 23,002 (1) D   Common Stock 04/25/2007   D   2,324 D $ 5.25 20,678 (1) D   Common Stock 04/25/2007   F   2,986 D $ 5.25 17,692 (1) D   Common Stock 04/25/2007   M   30,000 A $ 2.75 47,692 (1) D   Common Stock 04/25/2007   D   15,714 D $ 5.25 31,978 (1) D   Common Stock 04/25/2007   F   5,557 D $ 5.25 26,421 (1) D   Common Stock 04/25/2007   M   10,000 A $ 3.44 36,421 (1) D   Common Stock 04/25/2007   D   6,553 D $ 5.25 29,868 (1) D   Common Stock 04/25/2007   F   1,341 D $ 5.25 28,527 (1) D   Common Stock 04/26/2007   S   17,000 D $ 5.1561 11,527 (1) 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

Stock Option With Tandem SAR (2)

$ 4.125

04/25/2007

M

20,000

07/06/2000

01/06/2010

Common Stock

20,000

$ 0

0

D

Stock Option With Tandem SAR (2)

$ 2.9375

04/25/2007

M

20,000

07/11/2001

01/11/2011

Common Stock

20,000

$ 0

0

D

Stock Option with Tandem SAR (2)

$ 1.22

04/25/2007

M

10,000

07/07/2003

01/07/2013

Common Stock

10,000

$ 0

0

D

Stock Option With Tandem SAR (2)

$ 2.75

04/25/2007

M

30,000

07/08/2004

01/08/2014

Common Stock

30,000

$ 0

0

D

Stock Option With Tandem SAR

$ 3.44

04/25/2007

M

10,000

07/04/2006

01/04/2016

Common Stock

10,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PUDIL MICHAEL J 213 CHELSEA ROAD MONTICELLO, MN 55362	X		Chief Executive Officer

Signatures

Charles P. Moorse, Attorney-In-Fact for Michael J. Pudil		04/27/2007
**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)	Reporting person owns 5,000 shares of restricted stock in addition to stock reported on this Form 4.
(2)	Option vests as to 1/3 of the shares 6 months from the date of grant, 1/3 of the shares 18 months from the date of grant, 1/3 of the shares 30 months from the date of grant.

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