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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1. Name and Address of Reporting Person * JOHNSEN WALTER C   2. Issuer Name and Ticker or Trading Symbol ACME UNITED CORP [ACU] 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 and CEO (Last) (First) (Middle) C/O ACME UNITED CORP, 1931 BLACK ROCK TURNPIKE 3. Date of Earliest Transaction (Month/Day/Year) 02/16/2005 (Street) FAIRFIELD, CT 06825 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 02/16/2005   M   30,000 A $ 2.125 457,272 D   Common Stock 02/16/2005   M   10,000 A $ 2.125 467,272 D   Common Stock 02/16/2005   M   10,000 A $ 1.625 477,272 D   Common Stock 02/16/2005   M   30,000 A $ 2.375 507,272 D   Common Stock 02/16/2005   M   10,000 A $ 3.56 517,272 D   Common Stock 02/16/2005   M   25,000 A $ 2.75 542,272 D   Common Stock 02/16/2005   M   25,000 A $ 3.05 567,272 D   Common Stock 02/16/2005   M   10,000 A $ 4 577,272 D

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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

Employee Stock Option

$ 2.125

02/16/2005

M

30,000

01/26/2002

01/26/2009

Common Stock

30,000

$ 2.125

130,000

D

Employee Stock Option

$ 2.125

02/16/2005

M

10,000

06/22/2002

06/22/2009

Common Stock

10,000

$ 2.125

120,000

D

Employee Stock Option

$ 1.625

02/16/2005

M

10,000

01/25/2003

01/25/2010

Common Stock

10,000

$ 1.625

110,000

D

Employee Stock Option

$ 2.375

02/16/2005

M

30,000

04/24/2003

02/24/2010

Common Stock

30,000

$ 2.375

80,000

D

Employee Stock Option

$ 3.56

02/16/2005

M

10,000

10/10/2003

10/10/2010

Common Stock

10,000

$ 3.56

70,000

D

Employee Stock Option

$ 2.75

02/16/2005

M

25,000

05/07/2004

05/07/2011

Common Stock

25,000

$ 2.75

45,000

D

Employee Stock Option

$ 3.05

02/16/2005

M

25,000

11/12/2004

11/12/2011

Common Stock

25,000

$ 3.05

20,000

D

Employee Stock Option

$ 4

02/16/2005

M

10,000

06/23/2004

06/23/2013

Common Stock

10,000

$ 4

10,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
JOHNSEN WALTER C C/O ACME UNITED CORP 1931 BLACK ROCK TURNPIKE FAIRFIELD, CT 06825	X	X	President and CEO

Signatures

/s/ Walter C. Johnsen		02/16/2005
**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).

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