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 *
FINKELSTEIN PAUL
  2. Issuer Name and Ticker or Trading Symbol
REGIS CORP [RGS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
7201 METRO BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2010
(Street)

MINNEAPOLIS, MN 55439
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 05/11/2010   M   69,200 A $ 15.125 296,559 D  
Common Stock 05/11/2010   S   400 D $ 18.5 296,159 D  
Common Stock 05/11/2010   S   700 D $ 18.505 295,459 D  
Common Stock 05/11/2010   S   2,100 D $ 18.51 293,359 D  
Common Stock 05/11/2010   S   900 D $ 18.52 292,459 D  
Common Stock 05/11/2010   S   18.528 D $ 100 292,359 D  
Common Stock 05/11/2010   S   400 D $ 18.535 291,959 D  
Common Stock 05/11/2010   S   469 D $ 18.54 291,490 D  
Common Stock 05/11/2010   S   200 D $ 18.545 291,290 D  
Common Stock 05/11/2010   S   100 D $ 18.547 291,190 D  
Common Stock 05/11/2010   S   600 D $ 18.555 290,590 D  
Common Stock 05/11/2010   S   500 D $ 18.56 290,090 D  
Common Stock 05/11/2010   S   800 D $ 18.57 289,290 D  
Common Stock 05/11/2010   S   1,100 D $ 18.58 288,190 D  
Common Stock 05/11/2010   S   400 D $ 18.585 287,790 D  
Common Stock 05/11/2010   S   2,100 D $ 18.59 285,690 D  
Common Stock 05/11/2010   S   800 D $ 18.6 284,890 D  
Common Stock 05/11/2010   S   1,200 D $ 18.605 283,690 D  
Common Stock 05/11/2010   S   10,400 D $ 18.61 273,290 D  
Common Stock 05/11/2010   S   800 D $ 18.615 272,490 D  
Common Stock 05/11/2010   S   500 D $ 18.62 271,990 D  
Common Stock 05/11/2010   S   500 D $ 18.625 271,490 D  
Common Stock 05/11/2010   S   100 D $ 18.635 271,390 D  
Common Stock 05/11/2010   S   1,000 D $ 18.64 270,390 D  
Common Stock 05/11/2010   S   2,160 D $ 18.65 268,230 D  
Common Stock 05/11/2010   S   3,638 D $ 18.66 264,592 D  
Common Stock 05/11/2010   S   2,500 D $ 18.665 262,092 D  
Common Stock 05/11/2010   S   4,431 D $ 18.67 257,661 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 (Right to Buy) $ 15.125 05/11/2010   M     69,200 10/31/2005 10/31/2010 Common Stock 69,200 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FINKELSTEIN PAUL
7201 METRO BOULEVARD
MINNEAPOLIS, MN 55439
      Chief Executive Officer  

Signatures

 Eric A. Bakken, by power of attorney   05/13/2010
**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).
 
Remarks:
Form 1 of 2

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