Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On June 6, 2007, at the Annual Meeting of Stockholders of UFP Technologies, Inc. (the "Company"), the stockholders approved an amendment to the Company's 2003 Equity Incentive Plan (the "Plan") increasing the number of shares of common stock reserved for issuance under the Plan from 500,000 to 1,250,000 (the "Amendment"). The full text of the Plan, incorporating the Amendment, is set forth as Appendix D to the proxy statement filed by the Company with the Securities and Exchange Commission on April 30, 2007, and is incorporated herein by reference.

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