Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Lochiatto Kenneth
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2008
3. Issuer Name and Ticker or Trading Symbol
WMS INDUSTRIES INC /DE/ [WMS]
(Last)
(First)
(Middle)
C/O WMS INDUSTRIES INC., 800 S. NORTHPOINT BLVD.
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Exec. VP and COO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WAUKEGAN, IL 60085
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3,474 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option   (2) 06/30/2016 Common Stock 62,500 $ 18.26 D  
Stock Option   (3) 08/14/2016 Common Stock 16,185 $ 16.95 D  
Stock Option   (4) 09/14/2014 Common Stock 9,727 $ 30.55 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lochiatto Kenneth
C/O WMS INDUSTRIES INC.
800 S. NORTHPOINT BLVD.
WAUKEGAN, IL 60085
      Exec. VP and COO  

Signatures

/s/ Kenneth Lochiatto 07/09/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Includes 3,474 shares of restricted stock, restrictions on which will lapse over time: 868 shares will lapse on each of 9/19/2008 and 9/19/2009 and 869 shares will lapse on each of 9/19/2010 and 9/19/2011.
(2) Stock Option Grant: 6,250 shares became exercisable on 6/30/2007; 18,750 became exercisable on 6/30/2008; 18,750 shares will become exercisable on each of 6/30/2009 and 6/30/2010.
(3) Stock Option Grant: 5,395 shares became exercisable on 8/14/2007, 5,395 shares will become exercisable on each of 8/14/2008 and 8/14/2009.
(4) Stock Option Grant: 3,242 shares will become exercisable on each of 9/19/2008 and 9/19/2009 and 3,243 will become excersable on 9/19/2010.

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