FORM 4
[ X ] 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 *

CALLEN CRAIG R
2. Issuer Name and Ticker or Trading Symbol

KINETIC CONCEPTS INC [ KCI ]
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)

C/O KINETIC CONCEPTS, INC., 8023 VANTAGE DR.
3. Date of Earliest Transaction (MM/DD/YYYY)

11/4/2011
(Street)

SAN ANTONIO, TX 78230
(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   (1) 11/4/2011     D    53   D $68.5   0   D    
Common Stock   (2) 11/4/2011     D    7838   D $68.5   0   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 (right to buy)   (3) $24.78   11/4/2011     D         9000    2/20/2012   2/20/2019   Common Stock   9000   $43.72   (3) 0   D    
Stock Option (right to buy)   (4) $25.17   11/4/2011     D         8547    5/27/2012   5/27/2019   Common Stock   8547   $43.33   (4) 0   D    
Stock Option (right to buy)   (5) $41.72   11/4/2011     D         5175    5/27/2013   5/27/2020   Common Stock   5175   $26.78   (5) 0   D    
Restricted Stock Unit   (6)   (6) 11/4/2011     D         586    5/24/2014   5/24/2014   Common Stock   586   $68.5   (6) 0   D    

Explanation of Responses:
( 1)  Pursuant to the Agreement and Plan of Merger (the "Agreement") by and among Kinetic Concepts, Inc., Chiron Holdings, Inc. and Chiron Merger Sub, Inc., dated as of July 12, 2011, on the effective date of the merger contemplated by the Agreement (the "Merger"), each of these shares of common stock was automatically converted into the right to receive $68.50.
( 2)  Represents shares of unvested restricted common stock. Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these shares of unvested restricted common stock became fully vested and was converted into the right to receive $68.50.
( 3)  Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $393,480, representing the excess of $68.50 per underlying share of common stock over the $24.78 per share exercise price of the option.
( 4)  Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $370,341.51, representing the excess of $68.50 per underlying share of common stock over the $25.17 per share exercise price of the option.
( 5)  Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $138,586.50, representing the excess of $68.50 per underlying share of common stock over the $41.72 per share exercise price of the option.
( 6)  Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these Restricted Stock Unit awards became fully vested and was cancelled in exchange for a cash payment of $68.50 per underlying share of common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CALLEN CRAIG R
C/O KINETIC CONCEPTS, INC.
8023 VANTAGE DR.
SAN ANTONIO, TX 78230
X



Signatures
/s/ John T. Bibb, Attorney-in-Fact 11/8/2011
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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