Form 4 Filed by Maxwell Bret R on May 13, 2008

This form 4 (insider trading filing) was submitted to the Securities and Exchange Commission (SEC) by insider Maxwell Bret R on May 13, 2008. The CIK number of this insider is 1068853. At the time of this reporting, Maxwell Bret R is the Director of Metalico Inc . See all insider stock transactions reported by Maxwell Bret R and all stock buys, sales, and option exercises made by insiders at Metalico Inc . The stock ticker symbol of Metalico Inc is MEA.

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* MAXWELL BRET R (Last) (First) (Middle) 1033 SKOKIE BLVD. SUITE 430 (Street) NORTHBROOK IL 60062 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol METALICO INC [ MEA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 05/09/2008
	4. If Amendment, Date of 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

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	05/09/2008		S		1,004	D	$14.6	578,053	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		7,772	D	$15	570,281	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		40	D	$15.005	570,241	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		20	D	$15.0075	570,221	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		5,724	D	$15.015	564,497	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		161	D	$15.0175	564,336	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		261	D	$15.02	564,075	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		20	D	$15.0275	564,055	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		201	D	$15.03	563,854	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		449	D	$15.035	563,405	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		20	D	$15.0375	563,385	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		2,269	D	$15.04	561,116	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		20	D	$15.045	561,096	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		5,626	D	$15.05	555,470	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		54	D	$15.06	555,416	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		442	D	$15.07	554,974	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		2,035	D	$15.08	552,939	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		637	D	$15.085	552,302	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		924	D	$15.09	551,378	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		20,895	D	$15.1	530,483	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		2,386	D	$15.105	528,097	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		40	D	$15.107	528,057	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		1,538	D	$15.11	526,519	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		603	D	$15.115	525,916	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		3,008	D	$15.12	522,908	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		60	D	$15.13	522,848	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		129	D	$15.14	522,719	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		1,432	D	$15.15	521,287	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		342	D	$15.155	520,945	I	See Footnote ( 1 )
Common Stock	05/09/2008		S		36	D	$15.1575	520,909	I	See Footnote ( 1 )

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 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: 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

Explanation of Responses:

1. Held by: The Productivity Fund III, L.P.of which the Reporting Person may be deemed to be a beneficial owner pursuant to Rule 16a-1(a)(1)

Remarks:

Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such Reporting Person's pecuniary interest in such securities) other than any securities reported herein as being directly owned by such Reporting Person and this report shall not be deemed an admission that such Reporting Person(s) is the beneficial owner of any such securities for purpose of Section 16 or any other purpose.

	Bret Maxwell	05/13/2008
	** 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).
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