SEC FORM 4

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
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^*

HOBBS EAMONN P

(Last)

(First)

(Middle)

603 QUEENSBURY AVE.

(Street)

QUEENSBURY

12804

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ANGIODYNAMICS INC [ ANGO ]

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)
01/03/2006

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/03/2006		M⁽¹⁾		7,500	A	$4.3478	21,289	D
Common Stock	01/03/2006		S⁽¹⁾		7,500	D	$25.0167	13,789	D
Common Stock	01/03/2006		M⁽¹⁾		5,500	A	$4.3478	19,289	D
Common Stock	01/03/2006		S⁽¹⁾		5,500	D	$25.3864	13,789	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$4.3478	01/03/2006		M⁽¹⁾			7,500	12/30/2004	03/04/2007	Common Stock	7,500	$0	250,682	D
Non-Qualified Stock Option (right to buy)	$4.3478	01/03/2006		M⁽¹⁾			5,500	12/30/2004	03/04/2007	Common Stock	5,500	$0	245,182	D
Non-Qualified Stock Option (right to buy)	$4.3478							12/30/2004	05/30/2008	Common Stock	2,091		2,091	D
Non-Qualified Stock Option (right to buy)	$4.3478							12/30/2004	05/29/2009	Common Stock	2,091		2,091	D
Non-Qualified Stock Option (right to buy)	$4.3478							06/03/2005⁽²⁾	06/03/2010	Common Stock	2,091		2,091	D
Non-Qualified Stock Option (right to buy)	$4.3478							06/02/2005⁽³⁾	06/02/2011	Common Stock	2,091		2,091	D
Non-Qualified Stock Option (right to buy)	$13.18							07/20/2005⁽⁴⁾	07/20/2014	Common Stock	35,500		35,500	D
Non-Qualified Stock Option (right to buy)	$24.21							07/29/2006⁽⁵⁾	07/29/2015	Common Stock	45,000		45,000	D
Restricted Stock Units	$0⁽⁶⁾							05/30/2009	05/29/2019	Common Stock	8,250		8,250	D

Explanation of Responses:

1. Transaction executed pursuant to an approved selling plan established under SEC rule 10b5-1.

2. Options for 80% of the shares are exercisable on 12/30/04. Options for 20% of the shares are exercisable on 6/3/2005.

3. Options for 60% of the shares are exercisable on 12/30/2004. Options for 20% of the shares are exercisable on 6/2/2005. Options for 20% of the shares will become exercisable on 6/2/2006.

4. Options for 25% of the shares are each exercisable on 7/20/05, 7/20/06, 7/20/07, 7/20/08, respectively.

5. Options for 25% of the shares are each exercisable on 7/29/06, 7/29/07, 7/29/08, and 7/29/09, respectively.

6. Each restricted stock unit represents a contingent right to receive one share of AngioDynamics, Inc. common stock.

	By: Ronald F. Lamy For: Eamonn P. Hobbs	01/05/2006
	** 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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