FORM 4
[ X ] 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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCHOEBERL ROBERT R 		2. Issuer Name and Ticker or Trading Symbol

MIDAS INC [ MDS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O MIDAS, INC., 1300 ARLINGTON HEIGHTS ROAD 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/30/2012
(Street)

ITASCA, IL 60143
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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 to Purchase Common Stock   $8.09   4/30/2012   4/30/2012   D         1200    5/8/2008   (1) 5/8/2013   Common Stock   1200   $3.41   0   D    
Option to Purchase Common Stock   $7.31   4/30/2012   4/30/2012   D         11667    11/11/2005   (2) 11/11/2012   Common Stock   11667   $4.19   0   D    
Option to Purchase Common Stock   $7.20   4/30/2012   4/30/2012   D         800    11/7/2007   (3) 11/7/2012   Common Stock   800   $4.30   0   D    

Explanation of Responses:
( 1)  This option, which provided for vesting in five equal annual installments beginning May 8, 2004, was cancelled in the merger in exchange for a cash payment of $4,092, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).
( 2)  This option, which provided for vesting in three equal annual installments beginning November 11, 2003, was cancelled in the merger in exchange for a cash payment of $48,884.73, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).
( 3)  This option, which provided for vesting in five equal annual installments beginning November 7, 2003, was cancelled in the merger in exchange for a cash payment of $3,440, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SCHOEBERL ROBERT R
C/O MIDAS, INC.
1300 ARLINGTON HEIGHTS ROAD
ITASCA, IL 60143 		X



Signatures
/s/ Robert R. Schoeberl 5/1/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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