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 *
RICHINS PAUL O
  2. Issuer Name and Ticker or Trading Symbol
UTAH MEDICAL PRODUCTS INC [UTMD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Teasurer, Asst. Secretary
(Last)
(First)
(Middle)
7043 SOUTH 300 WEST
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2007
(Street)

MIDVALE, UT 84047
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 02/20/2007   F   3,925 D $ 34.59 15,534 D  
Common Stock 02/20/2007   M   5,000 A $ 6.75 20,534 D  
Common Stock 02/20/2007   M   2,000 A $ 9.125 22,534 D  
Common Stock 02/20/2007   M   1,000 A $ 15.01 23,534 D  
Common Stock 02/20/2007   M   1,000 A $ 17.71 24,534 D  
Common Stock 02/20/2007   M   2,000 A $ 25.59 26,534 D  
Common Stock 02/20/2007   G   600 D $ 34.37 25,934 (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
Employee Stock Option (2) $ 6.75 02/20/2007   M     5,000 01/01/2004 01/28/2010 Common Stock 5,000 $ 0 6,900 D  
Employee Stock Option (2) $ 9.125 02/20/2007   M     2,000 01/01/2005 02/02/2011 Common Stock 2,000 $ 0 4,900 D  
Employee Stock Option (2) $ 15.01 02/20/2007   M     1,000 04/01/2006 03/01/2012 Common Stock 1,000 $ 0 3,900 D  
Employee Stock Option (2) $ 17.71 02/20/2007   M     1,000 01/01/2007 01/31/2013 Common Stock 1,000 $ 0 2,900 D  
Employee Stock Option (2) $ 25.59 02/20/2007   M     2,000 12/01/2005 01/29/2014 Common Stock 2,000 $ 0 900 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RICHINS PAUL O
7043 SOUTH 300 WEST
MIDVALE, UT 84047
  X     VP, Teasurer, Asst. Secretary  

Signatures

 /s/ Paul O. Richins   02/21/2007
**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) An additional 3,077 shares held indirectly. 1,245 shares held by spouse's IRA; 667 by mother; 665 by son; 500 by own IRA.
(2) Right to buy, with tandem tax withholding right.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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