Ownership Submission
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)
EVP, CFO & Treasurer
(Last)
(First)
(Middle)
800 S. NORTHPOINT BLVD
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2010
(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 09/16/2010   A   6,990 (1) A $ 0 54,632 (2) D  
Common Stock 09/17/2010   M   62,500 (3) A $ 11.54 117,132 (2) D  
Common Stock 09/17/2010   S   62,500 D $ 39.1 (4) 54,632 (2) D  
Common Stock 09/17/2010   F   584 (5) D $ 39.01 54,048 (2) D  
Common Stock 09/18/2010   F   851 (5) D $ 39.13 53,197 (2) D  
Common Stock 09/19/2010   F   735 (5) D $ 39.13 52,462 (2) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 $ 39.01 09/16/2010   A   18,192     (6) 09/16/2017 Common Stock 18,192 $ 0 18,192 D  
Stock Option $ 11.54 09/17/2010   M     62,500 11/15/2001 11/15/2010 Common Stock 62,500 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SCHWEINFURTH SCOTT D
800 S. NORTHPOINT BLVD
WAUKEGAN, IL 60085
      EVP, CFO & Treasurer  

Signatures

 /s/ Scott D. Schweinfurth   09/20/2010
**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) Restricted Stock Unit Grant: Restrictions will lapse on ?? of such shares on each of 9/16/2011, 2012, 2013 and 2014.
(2) Includes 20,762 shares that remain restricted as of September 20, 2010.
(3) These shares were acquired upon exercise of options that were granted in 2000 and would have expired on November 15, 2010.
(4) The details of these trades were as follows: 1,306 at $38.85; 500 at $38.86; 600 at $38.87; 1,800 at $38.88; 2,200 at $38.89; 500 at $38.92; 600 at $38.93; 600 at $38.94; 100 at $38.95; 300 at $38.97; 100 at $38.98; 100 at $38.99; 5,089 at $39.00; 1,100 at $39.01; 2,000 at $39.02; 6,100 at $39.03; 5,800 at $39.04; 6,300 at $39.05; 500 at $39.06; 1,200 at $39.07; 1,900 at $39.08; 4,075 at $39.09; 1,300 at $39.10; 1,100 at $39.11; 100 at $39.12; 700 at $39.13; 600 at $39.14; 600 at $39.15; 500 at $39.16; 1,988 at $39.17; 200 at $39.22; 100 at $39.23; 200 at $39.25; 200 at $39.27; 500 at $39.28; 800 at $39.29; 1,300 at $39.30; 1,000 at $39.31; 500 at $39.32; 151 at $39.33; 700 at $39.37; 200 at $39.38; 500 at $39.40; 300 at $39.41; 2,200 at $39.42; 1,191 at $39.43; 400 at $39.44; 700 at $39.45; 500 at $39.46 and 1,200 at $39.48.
(5) Represents a reduction in shares to satisfy tax withholding in connection with the vesting of shares of restricted stock on such date.
(6) Stock Option Grant: Vesting 1/3 on each of 9/16/2011, 2012 and 2013.

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