Materion Corporation
BRUSH ENGINEERED MATERIALS INC (Form: 4, Received: 03/02/2011 14:31:37)
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 *

Bersticker Albert C
2. Issuer Name and Ticker or Trading Symbol

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

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

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

3/1/2011
(Street)

MAYFIELD HTS.,, 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   3/1/2011     A    2000   A $20.64   2000   D  
 
Common Stock   3/1/2011     A    2000   A $12.36   4000   D  
 
Common Stock   3/1/2011     A    2000   A $5.61   6000   D  
 
Common Stock   3/1/2011     A    2000   A $16.10   8000   D  
 
Common Stock   3/1/2011     A    2000   A $14.80   10000   D  
 
Common Stock   3/1/2011     D    10000   D $42.0163   (1) 0   D  
 
Common Stock                  26898.448   I   See footnote   (2)
Common Stock                  11172   D  
 

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   $20.64   3/1/2011     A      2000       11/2/2001   5/2/2011   Common Stock   2000   $0   2000   D  
 
Stock Option   $12.36   3/1/2011     A      2000       11/8/2002   5/8/2012   Common Stock   2000   $0   2000   D  
 
Stock Option   $5.61   3/1/2011     A      2000       11/7/2003   5/7/2013   Common Stock   2000   $0   2000   D  
 
Stock Option   $16.10   3/1/2011     A      2000       11/5/2004   5/5/2014   Common Stock   2000   $0   2000   D  
 
Stock Option   $14.80   3/1/2011     A      2000       11/4/2005   5/4/2015   Common Stock   2000   $0   2000   D  
 

Explanation of Responses:
( 1)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.58 to $42.58, inclusive.
( 2)  Acquired and held by trust for the Brush Engineered Materials Inc. Deferred Compensation Plan for Non-employee Directors and the 1997 Stock Incentive Plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bersticker Albert C
6070 PARKLAND BLVD.
MAYFIELD HTS.,, OH 44124
X



Signatures
Susan J. MacDonald / Atty in fact 3/2/2011
** 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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