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 * STENOIEN THOMAS   2. Issuer Name and Ticker or Trading Symbol STRATASYS INC [SSYS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Operating Officer (Last) (First) (Middle) C/O STRATASYS INC, 14950 MARTIN DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 01/08/2007 (Street) EDEN PRAIRIE, MN 55344-2020 4. If Amendment, Date Original Filed(Month/Day/Year) 01/10/2007 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 01/08/2007   M   20 (1) A $ 2 10,240 (1) 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

Stock Option (right to buy)

$ 2

01/08/2007

M

20 (1)

(2)

01/08/2007(1)

Common Stock

20 (1)

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
STENOIEN THOMAS C/O STRATASYS INC 14950 MARTIN DRIVE EDEN PRAIRIE, MN 55344-2020			Chief Operating Officer

Signatures

/s/ Thomas W. Stenoien		05/08/2007
**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 reporting person's Form 4 filed on 01/10/2007 incorrectly reported the number of shares acquired and options exercised as 2200 and omitted the 20 shares and options additionally reported in this report. Accordingly, the number of shares reported as being beneficially owned in that report, and in the reporting person's subsequent Form 4 filed on 03/9/2007, were incorrect by omitting 20 shares from the total number of shares beneficially owned following the reported transactions. As of 05/08/2007, the reporting person beneficially owns 10,240 shares of Common Stock of the Issuer. Additionally, box 3 of the reporting person's Form 4 filed on 01/10/2007 incorrectly reported the 01/08/2007 date of the earliest transaction required to be reported as 11/17/2005, box 6 of Table II incorrectly reported the 01/08/2007 expiration date of the Stock Option as 01/08/2006 and the 01/09/2007 date that the reporting person signed the report was incorrectly reported as 01/09/2006.
(2)	This option vests in five equal installments beginning January 8, 2002.

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