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^*

CHILD JEFFREY B

(Last)

(First)

(Middle)

C/O EV3 INC.

9600 54TH AVENUE NORTH, SUITE 100

(Street)

PLYMOUTH

55442

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ev3 Inc. [ evvv ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/04/2007

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	10/04/2007		A		4,351	A	⁽¹⁾	4,351	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)
Stock Option (right to buy)	$23.65	10/04/2007		A		24,270		⁽²⁾	06/20/2015	Common Stock	24,270	⁽³⁾	24,270	D
Stock Option (right to buy)	$15.87	10/04/2007		A		20,225		07/31/2008	07/31/2017	Common Stock	20,225	⁽⁴⁾	20,225	D
Stock Option (right to buy)	$15.85	10/04/2007		A		20,225		06/28/2007	06/28/2016	Common Stock	20,225	⁽⁵⁾	20,225	D
Stock Option (right to buy)	$16.64	10/04/2007		A		20,000		⁽⁶⁾	10/04/2017	Common Stock	20,000	$0	20,000	D

Explanation of Responses:

1. Received in exchange for 2,686 shares of FoxHollow Technologies, Inc. ("FoxHollow") common stock in connection with the merger of a wholly-owned subsidiary of ev3 Inc. ("ev3") with and into FoxHollow. Each share of the reporting person's FoxHollow shares was exchanged for 1.62 shares of ev3 common stock.

2. This option vests with respect to 1/3 of the shares on each one year anniversary from June 20, 2005.

3. Received in the Merger in exchange for a stock option to acquire 15,000 shares of FoxHollow common stock for an exercise price of $38.27 per share.

4. Received in the Merger in exchange for a stock option to acquire 12,500 shares of FoxHollow common stock for an exercise price of $25.67 per share.

5. Received in the Merger in exchange for a stock option to acquire 12,500 shares of FoxHollow common stock for an exercise price of $25.65 per share.

6. This option vests with respect to 5,000 shares on each of October 4, 2007, October 4, 2008, October 4, 2009 and October 4, 2010.

	/s/ Jeffrey B. Child	10/04/2007
	** 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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