U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    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(f) of the Investment Company Act of 1940

[ ]  Check box if no longer  subject to Section 16. Form 4 or Form 5 obligations
     may continue. See Instruction 1(b).

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1.   Name and Address of Reporting Person*

    BEAN                   REX                               C.
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     (Last)                          (First)              (Middle)

     1600 West Merit Parkway
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                                    (Street)
     South Jordan                      UT                  84095
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     (City)                          (State)                (Zip)

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2.   Issuer Name and Ticker or Trading Symbol

     Merit Medical Systems, Inc.    (MMSI)
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3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)

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4.   Statement for Month/Year

     August 2001
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5.   If Amendment, Date of Original (Month/Year)
     August 2001

                                Page 1 of 3 Pages


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

     [X]  Director                                [ ]   10% Owner
     [ ]  Officer (give title below)              [ ]   Other (specify below)

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7.   Individual or Joint/Group Filing
     (Check applicable line)

     [X]   Form filed by one Reporting  Person
     [ ]   Form filed by more than one Reporting Person

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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 5. 6. 4. Amount of Owner- Securities Acquired (A) or Securities ship Disposed of (D) Beneficially Form: 7. 3. (Instr. 3, 4 and 5) Owned at End Direct Nature of 2. Transaction of Issuer's (D) or Indirect 1. Transaction Code (A) Fiscal Year Indirect Beneficial Title of Security Date (Instr. 8) Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) =========================================================================================================================== Common Stock 08/13/01 S 5,500(2) D $14.02 D No Par Value - --------------------------------------------------------------------------------------------------------------------------- Common Stock No Par Value 08/13/01 S 400(2) D $14.03 D - --------------------------------------------------------------------------------------------------------------------------- Common Stock No Par Value 08/13/01 S 100(2) D $14.10 D - --------------------------------------------------------------------------------------------------------------------------- Common Stock No Par Value 08/16/01 M 7,500(2) A $ 7.50 D - --------------------------------------------------------------------------------------------------------------------------- Common Stock No Par Value 08/16/01 S 3,594(2) D $15.65 D - --------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------- Common Stock No Par Value 300,203 - ---------------------------------------------------------------------------------------------------------------------------
Page 2 of 3 Pages FORM 4 (continued) ================================================================================ Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
9. 10. Number Owner- of ship 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- Securities Date Securities Price Bene- ity: In- cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- 4. or Disposed Expiration Date Deriv- Owned (D) or Bene- 1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date action (Instr. 3, or Secur- of direct Owner Derivative ative (Month /Code 4 and 5) Date Expira- Number ity Year (I) -ship Security Secur- Day/ (Instr. 8 Exer- tion of (Instr.(Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) =================================================================================================================================== Non-qualified $6.328 N/A 05/23/01 05/23/11 Common 12,500(1) D stock options (1) Stock (Right to Buy) - ----------------------------------------------------------------------------------------------------------------------------------- Non-qualified $3.60 N/A 05/24/00 05/24/05 Common 9,375(1) D stock options (1) Stock (Right to Buy) - ----------------------------------------------------------------------------------------------------------------------------------- Non-qualified $4.70 N/A 05/26/99 05/26/04 Common 9,375(1) D stock options (1) Stock (Right to Buy) - ----------------------------------------------------------------------------------------------------------------------------------- Non-qualified $6.0024 N/A 05/27/98 05/27/03 Common 9,375(1) D stock options (1) Stock (Right to Buy) - ----------------------------------------------------------------------------------------------------------------------------------- Non-qualified $7.50 N/A 05/21/97 05/21/02 Common 0 D stock options Stock (Right to Buy) - ----------------------------------------------------------------------------------------------------------------------------------- ===================================================================================================================================
Explanation of Responses: (1) End month number reflects stock split (5 for 4) forward split. (2) This Amendment reflects a sell that was inadvertently not reported in a timely manner. /s/ REX C. BEAN 12/18/02 - ----------------------------------- ----------- **Signature of Reporting Person Date * 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 provided is insufficient, see Instruction 6 for procedure. Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 3 of 3 Pages