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 *
LEWIS BRANDON
  2. Issuer Name and Ticker or Trading Symbol
IMERGENT INC [IIG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Former President & COO
(Last)
(First)
(Middle)
1303 N RESEARCH WAY, BLDG. K
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2009
(Street)

OREM, UT 84097
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 03/17/2009   S(1)   37,431 D $ 3.39 (2) 172,602 D  
Common Stock 03/17/2009   M   6,875 A $ 2.5 179,477 D  
Common Stock 03/17/2009   M   30,556 A $ 1.5 210,033 D  
Common Stock Restricted 03/18/2009   D(3)   19,795 D (4) $ 0 190,238 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
Common Stock (right to buy) $ 2.5 03/17/2009   M     6,875   (5) 05/08/2009 Common Stock 6,875 $ 2.5 0 D  
Common Stock (right to buy) $ 1.5 03/17/2009   M     30,556   (5) 05/08/2009 Common Stock 30,556 $ 1.5 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEWIS BRANDON
1303 N RESEARCH WAY
BLDG. K
OREM, UT 84097
      Former President & COO

Signatures

 /s/ Brandon Lewis   03/19/2009
**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) Sold pursuant to a 10b5-1 plan which was filed on June 12, 2007. Mr. Lewis exercised non-qualified stock options that were set to expire on May 8, 2009. Mr. Lewis indicated he sold enough shares to pay for the exercise of those options and the taxes due on the exercise.
(2) Mr. Lewis sold 37,431 shares in multiple transactions occurring on March 7, 2009 at $3.39 per share.
(3) Forfeiture of restricted stock award.
(4) Represents shares of restricted stock awarded on September 19, 2008, and forfeited when the performance criteria, required for retention of the shares, was not fully achieved.
(5) Occurred on various dates.

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