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 *
MORRIS ROBERT S
  2. Issuer Name and Ticker or Trading Symbol
Symmetry Medical Inc. [SMA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O OLYMPUS PARTNERS, METRO CENTER, ONE STATION PLACE
3. Date of Earliest Transaction (Month/Day/Year)
12/21/2006
(Street)

STAMFORD, CT 06902
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 12/21/2006   J(6)   1,000,000 D (6) 2,382,813 I (3) (4) (5) See Footnote (3) (4) (5)
Common Stock 12/22/2006   J(7)   204,027 D (7) 555,946 I (1) (3) (4) See Footnote (1) (3) (4)
Common Stock               2,280 I (2) (3) (4) See Footnote (2) (3) (4)
Common Stock               88,548 D (8)  

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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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MORRIS ROBERT S
C/O OLYMPUS PARTNERS, METRO CENTER
ONE STATION PLACE
STAMFORD, CT 06902
    X    
Olympus Growth Fund III, L.P.
C/O OLYMPUS PARTNERS METRO CENTER
ONE STATION PLACE
STAMFORD, CT 06902
    X    
OGP III, LLC
C/O OLYMPUS PARTNERS METRO CENTER
ONE STATION PLACE
STAMFORD, CT 06902
    X    
OEF, L.P.
C/O OLYMPUS PARTNERS, METRO CENTER
ONE STATION PLACE
STAMFORD, CT 06902
    X    

Signatures

 /s/ Manu Bettegowda, under power of attorney for Robert S. Morris   12/26/2006
**Signature of Reporting Person Date

 /s/ Manu Bettegowda as an Authorized Person for OEF, L.P.   12/26/2006
**Signature of Reporting Person Date

 /s/ Manu Bettegowda as an Authorized Person for Olympus Growth Fund III, L.P.   12/26/2006
**Signature of Reporting Person Date

 /s/ Manu Bettegowda as an Authorized Person for OGP III, L.L.C.   12/26/2006
**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) Represents shares directly owned by OGP III, LLC. Shares beneficially owned by OPG III, LLC are beneficially owned indirectly by RSM, L.L.C., the managing member of OGP III, LLC; and by Mr. Morris, the Managing Member of RSM, L.L.C.
(2) Represents shares directly owned by OEF, L.P. Shares beneficially owned by OEF, L.P. are beneficially owned by RSM, L.L.C., its General Partner, and by Mr. Morris, the Managing Member of RSM, L.L.C.
(3) Following the dispositions set forth in this Form 4, Olympus Growth Fund III, L.P. was the record owner of 2,382,813 shares of common stock, OGP III, LLC was the record owner 555,946 shares of common stock, OEF, L.P. was the record owner of 2,280 shares of common stock and Mr. Morris directly owned 88,548 shares of common stock. (continued footnote 2)
(4) Mr. Morris is the managing partner of Olympus Partners and the Managing Member of RSM, L.L.C., and, in such capacities, has voting and investment power with respect to all shares held by the Olympus funds and has a pecuniary interest in certain of those shares. Mr. Morris disclaims beneficial ownership of the common stock owned by the above entities, except to the extent of his proportionate pecuniary interest therein.
(5) Represents shares directly owned by Olympus Growth Fund III, L.P. Shares beneficially owned by Olympus Growth Fund III, L.P. are beneficially owned indirectly by OGP III, LLC, its General Partner; by RSM, L.L.C., the Managing Member of OGP III, LLC; and by Mr. Morris, the Managing Member of RSM, L.L.C.
(6) On December 21, 2006, Olympus Growth Fund III, L.P. made a pro-rata distribution of common stock, without consideration, to its partners, which includes OGP III, LLC, which received 204,027 shares.
(7) On December 22, 2006, OGP III, LLC made a pro-rata distribution of common stock, without consideration, to its members, which includes Robert S. Morris, who received 88,548 shares (including 2,041 shares distributed to Mr. Morris in his capacity as Managing Member of RSM, L.L.C.).
(8) Directly owned by Mr. Robert S. Morris.

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