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, 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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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*
DEHONT RAYMOND J
(Last) (First) (Middle)
C/O MET-PRO CORPORATION
PO BOX 144
(Street)
HARLEYSVILLE PA 19438
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MET PRO CORP [ MPR ] 		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
3. Date of Earliest Transaction (Month/Day/Year)
09/19/2008
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, Par Value $ .10 5,932 D
Common Stock, Par Value $ .10 09/19/2008 M 9,956 A $4.166 15,888 D
Common Stock, Par Value $ .10 09/19/2008 F 5,103 D $15.74 10,785 D
Common Stock, Par Value $.10 8,514 I Held in ESOT/401K
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
Statutory Stock Purchase Option $4.166 09/19/2008 M 9,956 12/16/2001 12/16/2009 Common Stock 9,956 $4.166 0 D
Statutory Stock Purchase Option $5.1047 02/26/2003 02/26/2011 Common Stock 17,779 17,779 D
Statutory Stock Purchase Option $5.5476 02/25/2004 02/25/2012 Common Stock 17,779 35,558 D
Statutory Stock Purchase Option $5.5181 ( 1 ) 02/24/2013 Common Stock 35,556 71,114 D
Non-Statutory Stock Purchase Option $9.644 ( 2 ) 02/23/2014 Common Stock 30,314 101,428 D
Statutory Stock Purchase Option $9.644 ( 3 ) 02/23/2014 Common Stock 14,132 115,560 D
Statutory Stock Purchase Option $7.411 ( 4 ) 02/22/2015 Common Stock 40,480 156,040 D
Non-Statutory Stock Purchase Option $7.411 ( 5 ) 02/22/2015 Common Stock 3,966 160,006 D
Non-Statutory Stock Purchase Option $9.0375 ( 6 ) 12/15/2015 Common Stock 45,334 205,340 D
Statutory Stock Purchase Option $10.8975 ( 7 ) 12/15/2016 Common Stock 18,347 223,687 D
Non-Statutory Stock Purchase Option $10.8975 ( 8 ) 12/15/2016 Common Stock 28,320 252,007 D
Statutory Stock Purchase Option $11.75 ( 9 ) 12/10/2017 Common Stock 8,510 260,517 D
Non-Statutory Stock Purchase Option $11.75 ( 10 ) 12/10/2017 Common Shares 36,990 297,507 D
Explanation of Responses:
1. Exercisable 02/24/2003 as to 11,852 shares, 02/24/2004 as to 11,852 and 02/24/2005 as to 11,852 shares.
2. Exercisable 02/23/2004 as to 14,636 shares and 01/28/2005 as to 15,678 shares.
3. Exercisable 02/23/2004 as to 177 shares and 01/28/2005 as to 13,955 shares.
4. Exercisable 02/22/2005 as to 13,493 shares, 02/22/2006 as to 13,493 shares and 02/22/2007 as to 13,494 shares.
5. Exercisable 02/22/2005 as to 1,322 shares, 02/22/2006 as to 1,322 shares and 02/22/2007 as to 1,322 shares.
6. Exercisable 12/15/2005 as to 15,111 shares, 12/15/2006 as to 15,111 shares and 12/15/2007 as to 15,112 shares
7. Exercisable 12/15/2007 as to 0 shares, 12/15/2008 as to 9,173 shares and 12/15/2009 as to 9,174 shares.
8. Exercisable 12/15/2007 as to 15,555 shares, 12/15/2008 as to 6,383 shares and 12/15/2009 as to 6,382 shares.
9. Exercisable 12/10/2008 as to 0 shares, 12/10/2009 as to 0 shares and 12/10/2010 as to 8,510.
10. Exercisable 12/10/2008 as to 15,166 shares, 12/10/2009 as to 15,167 shares and 12/10/2010 as to 6,657 shares.
Remarks:
Gary J. Morgan Attorney-in-fact of Raymond J. De Hont 09/22/2008
** 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).
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