Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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 *
HENSON MICHAEL R
 2. Issuer Name and Ticker or Trading Symbol
MICRUS ENDOVASCULAR CORP [MEND] 		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)

821 FOX LANE		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
03/31/2007
(Street)


SAN JOSE, CA 95131		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 11/21/2006   M4 12,222 A $ 0.675 (1) 12,222 D  
Common Stock 11/21/2006   S4 12,222 D $ 18.41 0 D  
Common Stock 11/21/2006   M4 13,333 A $ 0.765 (2) 13,333 D  
Common Stock 11/21/2006   S4 13,333 D $ 18.41 0 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. 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. SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 0.765 (2) 11/21/2006   M4   13,333 10/24/2002 10/24/2011 Common Stock
13,333
$ 0 0
D
 
Stock Option (right to buy) $ 0.675 (1) 11/21/2006   M4   12,222 12/31/2001 11/29/2010 Common Stock
12,222
$ 0 0
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HENSON MICHAEL R
821 FOX LANE
SAN JOSE, CA 95131		   X      

Signatures

/s/ Carolyn M. Bruguera, Attorney-in-Fact for Michael R. Henson 11/14/2007
**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) The Form 3 reflected a rounded price of $0.68.
(2) The Form 3 reflected a rounded price of $0.77.
 
Remarks:
On November 21, 2006 and November 22, 2006 the reporting person exercised options for and sold a total of 58,888 shares. Form 4 reports were filed on November 24, 2006 to report these transactions. Due to an administrative error, the Form 4s filed on November 24, 2006 only reported the option exercise and sale of 33,333 shares and failed to report the option exercise and sale of 25,555 shares.  This late Form 5 is being filed to report the transactions omitted from the Form 4s filed on November 24, 2006. The reporting person's holdings as reported in the proxy filed on July 27, 2007 and in Form 4s filed since November 24, 2006 have correctly reflected the transactions reported herein.

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