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 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(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * SCHWEINFURTH SCOTT D   2. Issuer Name and Ticker or Trading Symbol WMS INDUSTRIES INC /DE/ [WMS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Exec. VP, CFO and Treasurer (Last) (First) (Middle) C/O WMS INDUSTRIES INC., 800 S. NORTHPOINT BLVD. 3. Date of Earliest Transaction (Month/Day/Year) 09/19/2007 (Street) WAUKEGAN, IL 60085 4. If Amendment, Date 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 (City) (State) (Zip) 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) Code V Amount (A) or (D) Price Common Stock 09/19/2007   M   37,500 A $ 9.52 65,903 (1) (2) D   Common Stock 09/19/2007   S   1,490 D $ 30.21 64,413 (2) D   Common Stock 09/19/2007   S   35,900 D $ 30.23 28,513 (2) D   Common Stock 09/19/2007   S   100 D $ 30.24 28,413 (2) D   Common Stock 09/19/2007   S   10 D $ 30.26 28,403 (2) D   Common Stock 09/19/2007   A   7,452 A $ 0 35,855 (2) (3) D

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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 Underlying Securities (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)

$ 9.52

09/19/2007

M

37,500

05/09/2003

05/09/2012

Common Stock

37,500

$ 0

0

D

Stock Option (Right to Buy)

$ 30.55

09/19/2007

A

20,866

(4)

09/19/2014

Common Stock

20,866

$ 0

20,866

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SCHWEINFURTH SCOTT D C/O WMS INDUSTRIES INC. 800 S. NORTHPOINT BLVD. WAUKEGAN, IL 60085			Exec. VP, CFO and Treasurer

Signatures

/s/ Scott D. Schweinfurth		09/20/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Additional shares of Common Stock were issued to the reporting person as a result of issuer's three-for-two stock split.
(2)	Includes (i) 14,245 shares of restricted stock which restrictions will lapse on 12/9/2007; and (ii) 12,628 shares of restricted stock, restrictions on 3,157 shares will lapse on 6/7/2008, on 3,157 shares on 6/7/2009, on 3,157 shares on 6/7/2010 and on 3,157 shares on 6/7/2011.
(3)	Includes 7,452 shares of restricted stock, restrictions on 1,863 shares will lapse on 9/19/2008, on 1,863 shares on 9/19/2009, on 1,863 shares on 9/19/2010 and on 1,863 shares on 9/19/2011.
(4)	3 Year Vesting: 6,955 shares on 9/19/2008, 6,955 shares on 9/19/2009 and 6,956 shares on 9/19/2010.

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