Materion Corporation
BRUSH ENGINEERED MATERIALS INC (Form: 4, Received: 11/04/2010 09:54:08)
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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GRAMPA JOHN D
2. Issuer Name and Ticker or Trading Symbol

BRUSH ENGINEERED MATERIALS INC [ BW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Sr. VP Finance and CFO
(Last)          (First)          (Middle)

6070 PARKLAND BLVD.
3. Date of Earliest Transaction (MM/DD/YYYY)

11/2/2010
(Street)

MAYFIELD, OH 44124
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/2/2010     A    15000   A $12.15   15000   D  
 
Common Stock   11/2/2010     D    900   D $33.75   14100   D  
 
Common Stock   11/2/2010     D    100   D $33.85   14000   D  
 
Common Stock   11/2/2010     D    1500   D $33.583   12500   D  
 
Common Stock   11/2/2010     D    500   D $33.21   12000   D  
 
Common Stock   11/2/2010     D    1000   D $33.72   11000   D  
 
Common Stock   11/2/2010     D    1000   D $33.578   10000   D  
 
Common Stock   11/2/2010     D    1000   D $33.49   9000   D  
 
Common Stock   11/2/2010     D    1000   D $34.206   8000   D  
 
Common Stock   11/2/2010     D    1000   D $33.75   7000   D  
 
Common Stock   11/2/2010     D    1000   D $33.75   6000   D  
 
Common Stock   11/2/2010     D    1000   D $33.50   5000   D  
 
Common Stock   11/2/2010     D    1000   D $33.31   4000   D  
 
Common Stock   11/2/2010     D    1000   D $33.296   3000   D  
 
Common Stock   11/2/2010     D    1000   D $33.22   2000   D  
 
Common Stock   11/2/2010     D    1000   D $33.261   1000   D  
 
Common Stock   11/2/2010     D    1000   D $33.561   0   D  
 
Common stock                  23855   D  
 
Common Stock                  6380   I   by spouse  
Common Stock                  675   I   Held in 401(k) plan   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Stock Option (Right to buy)   $22.43   11/2/2010     A      12000       8/6/2001   2/6/2011   Common Stock   12000   $0   12000   D  
 
Stock Option (Right to buy)   $12.15   11/2/2010     A      5000       8/5/2002   2/5/2012   common stock   5000   $0   17000   D  
 

Explanation of Responses:
( 1)  Reporting person acquired shares through acquisitions under a 401(k) plan by the trustee of the plan. This number is according to the latest trustee report. (Note: Trustee uses unit accounting, therefore, share equivalents may fluctuate slightly from month to month.)

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GRAMPA JOHN D
6070 PARKLAND BLVD.
MAYFIELD, OH 44124


Sr. VP Finance and CFO

Signatures
Susan J. MacDonald /Atty in fact 11/4/2010
** 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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