-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RS9K7Tk+5xjHS6ejcR3SsWIqgdJZqilmZzwHw9DtOM/r08Dye2pUECOH4xkicNuK
 4dERHftYCUYyPnSLMWlv9Q==

<SEC-DOCUMENT>0001209191-04-038105.txt : 20040729
<SEC-HEADER>0001209191-04-038105.hdr.sgml : 20040729
<ACCEPTANCE-DATETIME>20040729162700
ACCESSION NUMBER:		0001209191-04-038105
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040728
FILED AS OF DATE:		20040729

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DUBINSKY JOHN P
		CENTRAL INDEX KEY:			0001181348

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10786
		FILM NUMBER:		04939405

	BUSINESS ADDRESS:	
		STREET 1:		C/O INSITUFORM TECHNOLOGIES INC
		STREET 2:		702 SPIRIT 40 PARK DRIVE
		CITY:			CHESTERFIELD
		STATE:			MO
		ZIP:			63005
		BUSINESS PHONE:		6365308000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INSITUFORM TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0000353020
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623]
		IRS NUMBER:				133032158
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		702 SPIRIT 40 PARK DRIVE
		CITY:			CHESTERFIELD
		STATE:			MO
		ZIP:			63005
		BUSINESS PHONE:		6365308000

	MAIL ADDRESS:	
		STREET 1:		702 SPIRIT 40 PARK DRIVE
		CITY:			CHESTERFIELD
		STATE:			MO
		ZIP:			63005

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INSITUFORM OF NORTH AMERICA INC/TN/
		DATE OF NAME CHANGE:	19930617

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INSITUFORM OF NORTH AMERICA INC
		DATE OF NAME CHANGE:	19921217
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bsl86933_02jpd.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-07-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000353020</issuerCik>
        <issuerName>INSITUFORM TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>INSU</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001181348</rptOwnerCik>
            <rptOwnerName>DUBINSKY JOHN P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2>702 SPIRIT 40 PARK DRIVE</rptOwnerStreet2>
            <rptOwnerCity>CHESTERFIELD</rptOwnerCity>
            <rptOwnerState>MO</rptOwnerState>
            <rptOwnerZipCode>63005</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Deferred stock unit</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.00</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-07-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3200</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-07-28</value>
            </exerciseDate>
            <expirationDate>
                <value>1988-08-08</value>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A common stock, $.01 par value</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3200</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6325</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each deferred stock unit (&quot;DSU&quot;) represents the obligation of the issuer to transfer one share of Class A common stock, $.01 par value per share (&quot;Common Stock&quot;), to the undersigned in the future.  DSUs are granted pursuant to the issuer's 2001 Non-Employee Director Equity Incentive Plan, and are immediately vested upon grant.  At any time after the first anniversary of the grant date, the undersigned may request that the issuer redeem all or any portion of the DSUs.  Following termination of the undersigned's service on the issuer's Board of Directors (the &quot;Board&quot;) due to death or a change in control, or 6 months after termination of the undersigned's service on the Board for any other reason, shares of Common Stock, equal to the number of DSUs reflected in the undersigned's account, will be distributed.  The undersigned may, while serving on the Board, elect to defer the date of distribution and transfer of Common Stock in annual installments over a p
eriod up to 5 years, beginning in the year following termination of Board service.</footnote>
        <footnote id="F2">08-08-1988 is used as a default code pursuant to SEC FAQ guidance regarding instances where a derivative has no set expiration date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John P. Dubinsky</signatureName>
        <signatureDate>2004-07-28</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----