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 *
KEANE DANIEL G
   2. Issuer Name and Ticker or Trading Symbol
MOD PAC CORP [MPAC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
1801 ELMWOOD AVE		 3. Date of Earliest Transaction (Month/Day/Year)
12/14/2012
(Street)

BUFFALO, NY 14207		 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
$.01 Par Value Common Stock 12/14/2012   G   406,905 D $ 0 0 D  
$.01 Par Value Common Stock 12/14/2012   G   406,905 A $ 0 406,905 I By Trust (1)
$.01 Par Value Common Stock               16,997 I By Spouse (2)
$.01 Par Value Class B Stock               14,995 I By Spouse (2)
$.01 Par Value Common Stock               25,000 I By Children (3)
$.01 Par Value Class B Stock               201,237 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
Option $ 5.392             01/24/2004 01/24/2013 $.01 PV Com Stk 31,921   31,921 D  
Option $ 8.44             08/20/2004 02/20/2014 $.01 PV Com Stk 28,000   28,000 D  
Option $ 12.8             07/06/2005 01/06/2015 $.01 PV Com Stk 22,300   22,300 D  
Option $ 11.68             06/21/2006 12/21/2015 $.01 PV Com Stk 22,300   22,300 D  
Option $ 10             06/13/2007 12/13/2016 $.01 PV Com Stk 22,300   22,300 D  
Option $ 7.36             06/20/2008 12/20/2017 $.01 PV Com Stk 26,000   26,000 D  
Option $ 1.85             06/15/2009 12/15/2018 $.01 PV Com Stk 40,000   40,000 D  
Option $ 4.37             06/16/2010 12/16/2019 $.01 PV Com Stk 25,000   25,000 D  
Option $ 4.65             06/21/2011 12/21/2020 $.01 PV Com Stk 25,000   25,000 D  
Option $ 5.9             06/02/2012 12/02/2021 $.01 PV Com Stk 12,500   12,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KEANE DANIEL G
1801 ELMWOOD AVE
BUFFALO, NY 14207		   X   X   President  

Signatures

 /s/ Daniel J. Geary, as Power of Attorney for Daniel G. Keane   12/17/2012
**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) Mr. Keane transferred the shares of Common Stock reported on this line to a grantor trust (the "Trust") for the benefit of Mr. Keane's wife (with whom he shares a household) and their descendants. Mr. Keane disclaims any beneficial ownership in the shares held by the Trust and this report should not be deemed an admission that the reporting person is the beneficial owner of the Trust's shares for purpose of Section 16 or for any other purpose.
(2) Mr. Keane disclaims any beneficial ownership in shares held by his wife.
(3) Mr. Keane disclaims any beneficial ownership in shares held by his children.

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