UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 10-K/A
(Amendment No. 1)

ý

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2010o

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


COMMISSION FILE NUMBER 001-11911

STEINWAY MUSICAL INSTRUMENTS, INC.(Exact name of registrant as specified in its charter)

DELAWARE

35-1910745(State or Other Jurisdiction of Incorporation or Organization)

(I.R.S. Employer Identification No.)800 South Street, Suite 305,
Waltham, Massachusetts(Address of Principal Executive Offices)

02453(Zip Code)Registrant's telephone number, including area code (781) 894-9770


Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Name of each exchange on which registeredOrdinary Common Shares, $.001 par value

New York Stock Exchange


Securities
registered pursuant to Section 12(g) of the Act: None

Indicate
by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities
Act. Yes o    No ý

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the
Act. Yes o    No ý

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements during the past
90 days. Yes ý    No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and
posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such
files). Yes o    No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of the Form 10-K or any amendment to this
Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer o

Accelerated filer ý

Non-accelerated filer o

Smaller Reporting Company o


Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act). Yes o    No ý

The aggregate market value of the Common Stock held by non-affiliates of the registrant was $82,946,693 as of June 30, 2010.

Number of shares of Common Stock outstanding as of March 8, 2011:

Class A

477,952Ordinary

11,578,360Total

12,056,312


DOCUMENTS INCORPORATED BY REFERENCE

Parts I-IV 
Final Prospectus of the Registrant dated August 1, 1996 filed pursuant to Rule 424(b).



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EXPLANATORY NOTE

This Amendment No. 1 to form 10-K (the "Amended Report") amends the original Annual Report on
Form 10-K of Steinway Musical Instruments, Inc. (the "Company") for the year ended December 31, 2010, as filed with the Securities and Exchange Commission (the "SEC")
on March 15, 2011 (the "Original Report"). This Amended Report amends the Original Report solely to incorporate information required by Part III, Items 10, Item 11,
Item 12, Item 13, and Item 14 of Form 10-K. In addition, as required by Rule 12b-15 under the Securities Exchange Act of 1934, new
certifications by our principal executive officer and principal financial officer are filed as exhibits under Item 15 of Part IV to this Amendment.

Except
as set forth in Part III and Part IV below, as well as within the documents included by reference on the cover, no other changes are made to the Original Report.
Unless expressly stated, this Amended Report does not reflect events occurring after the filing of the Original Report, and it does not modify or update in any way the disclosures contained in the
Original Report, which speak as of the date of the original filing. Accordingly, this Amended Report should be read in conjunction with the Original Report and the Company's other SEC filings
subsequent to the filing of the Original Report.

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PART III

Item 10. Directors, Executive Officers and Corporate Governance

Directors and Executive Officers of the Company

Set forth below are the names, ages, positions held and brief accounts of the business experience for each executive officer, division
president and director of the Company. Each director of the Company is elected for a period of one year and serves until his successor is duly elected and qualified.

Name

Age

PositionKyle R. Kirkland


48

Chairman of the Board and DirectorDana D. Messina


49

Chief Executive Officer and DirectorDennis M. Hanson


56

Senior Executive Vice PresidentThomas Kurrer


62

President, Steinway & Sons Worldwide and DirectorJohn M. Stoner, Jr.


58

President, Conn-Selmer and DirectorRonald Losby


56

President, Steinway & Sons-AmericasA. Clinton Allen


67

DirectorJong Sup Kim


63

DirectorRudolph K. Kluiber


51

DirectorDavid Lockwood


51

DirectorPeter McMillan


53

Director


Kyle R. Kirklandhas served as a director of the Company since 1993 and as Chairman of the Board since 1996. He has been a principal of
Kirkland Messina, Inc. since 1994. From 1991 to 1994, Mr. Kirkland was a Senior Vice President of an investment bank where he was responsible for its private placement financing
activities. From 1990 to 1991, Mr. Kirkland was employed by Canyon Partners as a Vice President. From 1988 to 1990, he was employed by an investment banking firm in its high yield bond
department. The Company believes that Mr. Kirkland's financial and business expertise, combined with over 15 years of Company and industry experience, give him the qualifications and
skills to serve as director.

Dana D. Messinahas served as a director of the Company since 1993 and as Chief Executive Officer ("CEO") since 1996. He has been a
principal of Kirkland Messina, Inc. since 1994. From 1990 to 1994, Mr. Messina was a Senior Vice President of an investment bank where he was responsible for all of its corporate finance
and merchant banking activities. From 1987 to 1990, he was employed by an investment banking firm in its high yield bond department. The Company believes that Mr. Messina's financial and
business expertise, combined with over 15 years of Company and industry experience, give him the qualifications and skills to serve as director.

Dennis M. Hansonserves as the Company's Chief Financial Officer, General Counsel and Assistant Secretary. He joined Steinway in 1988 as
Vice President of Finance and assumed duties as General Counsel in 1993. Prior to that, Mr. Hanson worked at Computervision Corporation, where he held various financial positions including Vice
President of Audit. Mr. Hanson started his career in public accounting at Haskins and Sells in 1976.

Thomas Kurrerbecame a director of the Company upon his appointment as President of Steinway & Sons Worldwide in 2008. He
joined the Company in 1989 as Managing Director of Steinway-Germany and undertook responsibility for all of Steinway & Sons' operations outside the Americas in 1994. Prior to joining the
Company, he held various positions of increasing responsibility with the Otto Wolff-Group, a conglomerate of steel and machinery equipment companies, with his last position as their Managing Director
of Wirth GmbH. From 1976 to 1978, Mr. Kurrer was employed by the German-American Chamber of Commerce in New York. The Company believes that Mr. Kurrer's

2

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management
and operations expertise, combined with over 20 years of Company and industry experience, give him the qualifications and skills to serve as director.

John M. Stoner, Jr.became a director of the Company upon his appointment as President of Conn-Selmer, Inc. in 2002.
Prior to that, Mr. Stoner spent 25 years with True Temper, Inc., a manufacturer of non-powered lawn and garden tools, where he held various positions of increasing
responsibility. In 1995, he was appointed as True Temper's President and in 1999, after the acquisition of True Temper, became the President and CEO of Ames True Temper. The Company believes that
Mr. Stoner's management and operations expertise, combined with his Company and industry experience, give him the qualifications and skills to serve as director.

Ronald Losbyhas served as President, Steinway & Sons-Americas since 2008. He joined the Company in 1987 as
District Sales Manager for the Midwestern region of the United States. In 1998, Mr. Losby became Managing Director of Steinway U.K. In 2005, Mr. Losby assumed responsibility for the
Company's retail showrooms in Germany as Steinway's Director of European Retail Stores. Prior to joining Steinway & Sons, he held retail management positions at The Wurlitzer Company and
Baldwin Piano & Organ Company.

A. Clinton Allenhas served as a director of the Company since 1999 and became Lead Director in 2003. He is a director of Brooks
Automation, Avantair, Inc. and LKQ Corporation. He also serves as director and non-executive chairman for Collectors Universe, Inc. He is Chairman and Chief Executive Officer
of A.C. Allen & Company, an investment banking consulting firm. Mr. Allen holds a Masters Director Certification awarded by the Corporate Directors Group, a director education and
credentialing organization. The Company believes that Mr. Allen's financial and business expertise, combined with his experience as an executive and director of other companies, both public and
private, as well as his years of experience providing strategic advisory services, give him the qualifications and skills to serve as director.

Jong Sup Kimbecame a director of the Company in November 2009. He is the chairman of Samick Musical Instruments Co., Ltd.
Mr. Kim also serves as the chairman of Speco Co., Ltd., one of Korea's leading road building machinery companies. The Company believes that Mr. Kim's management and
operations expertise, combined with his global industry experience and expertise, give him the qualifications and skills to serve as director.

Rudolph K. Kluiberhas served as a director of the Company since 2001. He is the Managing Director of GRT Capital Partners ("GRT"), an
investment management firm located in Boston, Massachusetts. Prior to forming GRT, Mr. Kluiber served as Senior Vice President and Portfolio Manager for State Street Research &
Management Company since 1997, where he ran the State Street Aurora Fund and managed the Small-Cap Value effort. The Company believes that Mr. Kluiber's financial and business
expertise, including capital markets, combined with his Company and industry experience, give him the qualifications and skills to serve as director.

David Lockwoodbecame a director of the Company in January 2008. He is the founding member and current Managing Partner of VA SmallCap
Partners, LLC; ValueAct SmallCap Management, LLC; and ValueAct SmallCap Master Fund, L.P. Prior to his tenure with ValueAct, Mr. Lockwood was Chairman and CEO of Liberate
Technologies, a provider of software for digital cable systems. Before serving at Liberate Technologies, he was Vice Chairman and CEO of Intertrust, a company which develops and licenses intellectual
property. The Company believes that Mr. Lockwood's financial and business expertise, including capital markets, combined with his management and investment banking experience, give him the
qualifications and skills to serve as director.

Peter McMillanhas served as a director of the Company since 1996. Currently, Mr. McMillan is the Managing Partner of Willowbrook
Capital Group, LLC, an asset management company based in Los Angeles, California. In 1989, Mr. McMillan joined SunAmerica Investments, Inc. ("SunAmerica"),

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a
wholly owned subsidiary of American International Group, Inc., where he served as Executive Vice President and Chief Investment Officer. As Chief Investment Officer, Mr. McMillan had
overall investment management responsibility for SunAmerica's asset portfolio. Prior to joining SunAmerica, he managed the fixed-income portfolio for Aetna Life Insurance and Annuity Company.
Mr. McMillan is a board member of several KBS Real Estate Investment Trusts, Metropolitan West Funds, and TCW Funds. The Company believes that Mr. McMillan's financial, accounting and
business expertise, including extensive public company reporting oversight, combined with over 15 years of Company and industry experience, give him the qualifications and skills to serve as
director.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the Company's executive officers and directors and
persons who own more than 10% of the Company's Ordinary Common Stock to file reports of ownership on Forms 3, 4 and 5 with the SEC. Executive officers, directors and 10% stockholders are
required by the SEC to furnish the Company with copies of all Forms 3, 4 and 5 they file.

Based
solely on the Company's review of the copies of such forms it has received, the Company believes that all its executive officers, directors and greater than 10% beneficial owners
complied with all the filing requirements applicable to them with respect to transactions during fiscal 2010.

Legal Proceedings Involving Directors, Officers, Affiliates or Beneficial Owners

No director, officer, affiliate or beneficial owner of the Company, or any associate thereof, is a party adverse to the Company or any
of its subsidiaries in any lawsuit nor has a material adverse interest thereto.

In
September 2001, Kyle R. Kirkland entered into a settlement agreement with the SEC, without admitting or denying any finding or liability. The matter was unrelated to the Company or
Mr. Kirkland's position with the Company.

In
April 2004, Liberate Technologies, with David Lockwood serving as Chairman and Chief Executive Officer, filed a voluntary petition for reorganization under federal bankruptcy laws.
The petition, however, was not accepted, and the company continued to operate until it was sold to a group of investors, including Comcast Corporation and SeaChange International, Inc.

Corporate Governance

The Company has adopted a written Code of Ethics and Professional Conduct to provide guidance to its directors, officers and employees
on matters of business ethics and conduct, including compliance standards, business conduct, conflicts of interest, as well as identification, reporting, and resolution of issues. The Company has
posted this code, along with its Corporate Governance Guidelines and Audit Committee Charter, on its website at www.steinwaymusical.com. This information will be made available in print free of charge
to any stockholder who requests it by contacting the Corporate Communications Department at Steinway Musical Instruments, Inc., 800 South Street, Suite 305, Waltham, Massachusetts 02453,
(781) 894-9770 or at ir@steinwaymusical.com.

Audit Committee

The current members of the Audit Committee are Chairman Kluiber and Messrs. Allen and McMillan, each of whom is an "independent
director" as defined by the NYSE's listing standards. The Board has determined that Mr. McMillan is an "audit committee financial expert" as defined in the applicable regulations of the SEC.
Mr. McMillan has a Masters in Business Administration in Finance from Wharton School of Business. The Board deemed Mr. McMillan's experience of over 20 years in

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the
investment business, including analysis of financial statements, review of outside auditors' management letters and involvement with analysts, rating agencies, auditors and management with respect
to quarterly earnings, significant management estimates and other accounting matters, as relevant to his financial expert qualifications. The Audit Committee assists the Board of Directors in
fulfilling its responsibilities for oversight of the quality and integrity of the accounting, auditing, and financial reporting practices and controls of the Company. The Audit Committee met seven
times and took action by unanimous written consent three times during 2010. The Board of Directors has adopted a written charter for the Audit Committee, which is available on the Company's website at
www.steinwaymusical.com and was attached as an exhibit to the Company's 2006 Proxy Statement.

Item 11. Executive Compensation

Compensation Discussion and Analysis

Overview

The Compensation Committee of the Board of Directors is responsible for establishing, implementing and monitoring adherence to the
Company's compensation philosophy. The Compensation Committee ensures that the total compensation for executive officers is fair, reasonable and competitive. The current members of the Compensation
Committee are Chairman Allen and Messrs. Kluiber and McMillan, each of whom is an "independent director" as defined by the NYSE's listing standards.

Compensation Philosophy and Objectives

The objectives of the Company's executive compensation program are to (a) attract and retain highly qualified individuals,
(b) recognize individual, business segment, and Company performance and behavior consistent with the Company's values, and (c) align senior managers' financial interests with the
long-term interests of the Company's stockholders through stock ownership. To achieve these objectives, the Compensation Committee believes that variable compensation paid to executive
officers, such as bonuses, should be closely linked to the achievement of annual and long-term performance goals. The Compensation Committee designs compensation packages based upon
Company, business segment, and individual performance that reward and motivate the Company's executive officers to achieve strategic business objectives and to continue to perform at the highest
levels. In keeping with the Company's executive compensation philosophy and objectives, an appropriate portion of the total compensation awarded to executive officers is performance-based and
equity-based.

In
order to achieve its objectives, the principal elements of the Company's compensation program for its executive officers are annual salary, performance bonuses, long-term
incentive awards in the form of stock option grants and restricted stock awards, retirement benefits, and perquisites and other personal benefits.

Setting Executive Compensation

The Compensation Committee is responsible for determining the compensation of the Chairman, CEO and other executive officers. The
Compensation Committee evaluates and makes determinations annually concerning each executive officer's base salary, short-term incentive compensation and long-term incentive
compensation. Compensation decisions are made based on each executive officer's past performance as well as
expectations of future performance, with a view towards ensuring that each officer's total compensation is competitive and reasonable. In evaluating the performance and expectations for future
performance of each executive officer (other than Messrs. Kirkland and Messina, the Company's Chairman and CEO, respectively), the Compensation Committee takes into consideration the
recommendation of Mr. Messina and, when appropriate, other senior officers.

5

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The
Compensation Committee's decisions on compensation for the Company's executive officers are based primarily upon the Compensation Committee's assessment of each individual's
performance, supplemented by input from outside professional consultants. To reach decisions on compensation for Messrs. Kirkland and Messina, the Compensation Committee examines several
additional factors, such as the Company's performance and relative stockholder return, the value of similar incentive awards to CEOs at comparable public companies, and the awards given to the
Chairman and CEO in prior years. The Compensation Committee relies upon judgment, and not upon rigid guidelines or formulas, in determining the amount and mix of compensation elements for each
executive officer. Factors affecting this judgment include performance compared to strategic goals established for the individual and the Company at the beginning of the year, the nature and scope of
the executive's responsibilities, and effectiveness in leading initiatives to achieve corporate goals. The Compensation Committee previously engaged a third-party independent consulting firm to
benchmark the overall competitiveness and reasonableness of each executive officer's compensation. The consultant's report not only addressed each executive officer's then current compensation, but
also addressed future increases to enable the Committee to continue to utilize the report on a go-forward basis.

2010 Executive Compensation Components

For the fiscal year ended December 31, 2010, the principal elements of compensation for Named Executive Officers
were:



The
Compensation Committee reset the annual salary review date for all executive officers to January beginning in 2009. Given the global financial crisis and continued economic downturn
and the associated impact on the Company's operations, the Compensation Committee and management agreed to freeze salaries indefinitely for all executive officers scheduled for a January 1,
2009 adjustment. Later in the year, all executive officers absorbed approximately a 10% reduction in salary coinciding with general pay reductions for non-union personnel at their
respective divisions. In connection with a Company-wide return of salary and wages to 2009 pre-reduction levels, the salaries of the Company's Named Executive Officers were
reinstated to their 2009 levels effective with the first pay period in June of 2010.

In
fiscal 2010, base salaries for Named Executive Officers were in the range of 51-77% of their total cash and equity compensation (excluding benefits). Annual cash
performance-based incentive compensation was in the range of 8-36% and long-term incentive compensation was in the range of 12-20% of total compensation.



6

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7

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8

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Summary

After review of the Company's existing program and relative data for comparable positions in similar industries, the Compensation
Committee believes that the total compensation program for the Company's executives is competitive with the compensation programs provided by other corporations with which the Company competes for
management talent. The Compensation Committee also believes that the annual bonuses provide opportunities to the Company's executive officers that are consistent with the returns that are generated on
behalf of the Company's stockholders.

Tax and Accounting Implications

Section 162(m) of the Internal Revenue Code (the "Code") prevents publicly traded companies from receiving a tax deduction on
compensation paid to Proxy-Named Executive Officers in excess of $1.0 million annually. This limitation does not apply to compensation that qualifies as "performance-based compensation" under
the Code. The Compensation Committee believes at the present time that it is unlikely that the compensation paid to any executive officer will exceed $1.0 million in any fiscal year. In
addition, based on the Company's current compensation philosophy and performance-based bonus formula, it does not anticipate that the limitation would have a material effect on the Company.

Report of the Compensation Committee

The Compensation Committee of the Board of Directors of the Company has reviewed and discussed the Compensation Discussion and Analysis
required by Item 402(b) of Regulation S-K with management of the Company. Based on this review and discussion, the Compensation Committee recommended to the Board of
Directors that the Compensation Discussion and Analysis be included in this Amended Report.



The
Compensation Committee Report does not constitute solicitation material and shall not be deemed filed or incorporated by reference into any of our filings except to the extent that
we specifically incorporate this report by reference therein.

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Executive Compensation

The following table sets forth the annual compensation paid and accrued by the Company for services rendered during the fiscal year
ended December 31, 2010, to the Company's Chairman of the Board, the Chief Executive Officer and the most highly compensated executive officers of the Company, all of whom were serving at the
end of the last completed fiscal year (each a "Named Executive Officer").

Summary Compensation Table

Name and
Principal Position

Year

Salary
($)

Bonus
($)

Stock
Awards(1) ($)

Option
Awards(2) ($)

Change in
Pension Value
and Nonqualified
Deferred
Compensation
Earnings
($)

All Other
Compensation(3)
($)

Total
($)Kyle R. Kirkland


2010

$
336,600

$
200,000










$
11,045

$
547,645Chairman of the


2009

$
336,800







$
187,840




$
660

$
525,300Board


2008

$
350,000







$
297,870




$
5,260

$
653,130Dana D. Messina


2010

$
480,800

$
200,000

$
397,800







$
11,045

$
1,089,645Chief Executive


2009

$
481,100







$
281,760




$
660

$
763,520Officer


2008

$
500,000







$
297,870




$
5,260

$
803,130Dennis M. Hanson


2010

$
374,600

$
40,000

$
198,900




$
16,000
(4)
$
28,445

$
657,945Senior Executive


2009

$
375,000







$
140,880

$
13,000
(4)
$
19,610

$
548,490Vice President


2008

$
390,000







$
248,225

$
2,000
(4)
$
22,710

$
662,935Thomas Kurrer(5)


2010

$
431,500

$
300,000







$
24,208
(6)



$
755,708President,


2009

$
437,200







$
187,840

$
23,500
(6)



$
648,540Steinway & Sons


2008

$
497,600

$
213,158




$
149,703

$
(50,750
)(6)



$
809,711WorldwideJohn M. Stoner, Jr.


2010

$
370,200

$
86,500

$
198,900







$
15,000

$
670,600President,


2009

$
373,000







$
93,920




$
22,050

$
488,970Conn-Selmer


2008

$
385,000







$
99,290




$
29,093

$
513,383Ronald Losby


2010

$
361,700

$
40,000







$
4,000
(7)
$
40,045

$
445,745President,


2009

$
362,000







$
93,920

$
3,000
(7)
$
33,510

$
492,430Steinway & Sons-


2008

$
375,000

$
105,500




$
149,703

$
358
(7)
$
33,960

$
664,521Americas


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Name

Company
401(k)
Plan
Contributions

Company
SERP
Contributions

Life
Insurance
Premium

Perquisites
and Other
Personal Benefits(a)Kyle R. Kirkland

$
6,125




$
620


Dana D. Messina

$
6,125




$
620


Dennis M. Hanson

$
6,125




$
5,120

$
17,200
(b)John M. Stoner, Jr.







$
600

$
14,400
(c)Ronald Losby

$
6,125




$
4,520

$
29,400
(d)


(a)The
Company provides certain perquisites and other benefits to its executive officers, including personal use of an automobile and piano,
automobile and housing allowances, and medical reimbursements. The aggregate amount of perquisites and benefits for each Named Executive Officer is included in this column unless such amount did not
exceed $10,000.(b)Includes
$12,900 for personal use of a Company-leased automobile and $4,300 for use of a piano from the Steinway & Sons Concert
and Artist piano bank. The value for such use is based on the annual rental fee the Company receives from dealers for similar pianos.(c)Includes
$10,100 for an automobile allowance and $4,300 for use of a piano from the Steinway & Sons Concert and Artist piano
bank. The value for such use is based on the annual rental fee the Company receives from dealers for similar pianos.(d)Includes
$25,100 for a housing allowance and $4,300 for use of a piano from the Steinway & Sons Concert and Artist piano bank.
The value for such use is based on the annual rental fee the Company receives from dealers for similar pianos.


Grants of Plan-Based Awards

There were no options or other equity awards granted to Named Executive Officers during the fiscal year ended December 31, 2010.

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Outstanding Equity Awards at Fiscal Year End

Option AwardsName

Number of
Securities
Underlying
Unexercised
Options (#)
Exercisable

Number of
Securities
Underlying
Unexercised
Options (#)
Unexercisable

Option
Exercise Price
($)

Option
Expiration DateKyle R. Kirkland


40,000




$
19.04


08/08/201210,000




$
22.67


12/19/20134,980


3,320

$
32.03


03/30/201712,000


18,000

$
26.99


06/06/20188,000


32,000

$
11.20


09/04/2019Dana D. Messina


40,000




$
19.04


08/08/201230,000




$
22.67


12/19/20136,240


4,160

$
32.03


03/30/201712,000


18,000

$
26.99


06/06/201812,000


48,000

$
11.20


09/04/2019Dennis M. Hanson


6,000




$
19.04


08/08/201210,000




$
22.67


12/19/20134,980


3,320

$
32.03


03/30/201710,000


15,000

$
26.99


06/06/20186,000


24,000

$
11.20


09/04/2019Thomas Kurrer


10,000




$
19.04


08/08/20126,000


4,000

$
32.03


03/30/20174,000


6,000

$
28.90


03/31/20182,000


3,000

$
26.99


06/06/20188,000


32,000

$
11.20


09/04/2019John M. Stoner, Jr.


24,176




$
18.55


11/11/201212,000




$
22.67


12/19/20135,100


3,400

$
32.03


03/30/20174,000


6,000

$
26.99


06/06/20184,000


16,000

$
11.20


09/04/2019Ronald Losby


600




$
19.04


08/08/2012800




$
22.67


12/19/20133,600


2,400

$
32.03


03/30/20174,000


6,000

$
28.90


03/31/20182,000


3,000

$
26.99


06/06/20184,000


16,000

$
11.20


09/04/2019


12

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Option Exercises and Stock Vested

The following table shows the number of options exercised during fiscal 2010 by the Named Executive Officers. None of the Named
Executive Officers had any restricted stock awards that were granted or vested during fiscal 2010.

Option AwardsName

Number of Shares
Acquired on Exercise
(#)

Value Realized
on Exercise
($)Kyle R. Kirkland


9,000

$
1,897Dana D. Messina


9,000

$
1,897Dennis M. Hanson





Thomas Kurrer


4,500

$
2,730John M. Stoner, Jr.





Ronald Losby








Pension Benefits

Name

Plan Name

Number
of Years
Credited
Service
(#)

Present
Value of
Accumulated
Benefit(1)
($)Dennis M. Hanson

Steinway Musical Instruments, Inc.
Pension Plan


15

$
89,000Thomas Kurrer

Steinway & Sons (Foreign)
Pension Plan


20

$
2,089,000Ronald Losby

Steinway Musical Instruments, Inc.
Pension Plan


11

$
21,000


The
Company maintains an overall pension plan which includes separate plans for each of its major divisions. The benefit formula in the Steinway & Sons division domestic
plan was frozen as of December 31, 2003. The accrued benefit will be a monthly benefit amount payable in the life annuity form. Mr. Hanson has fifteen years of service under the plan
with an estimated annual benefit of $15,926. Mr. Losby has eleven years of service under the plan with an estimated annual benefit of $3,789. These amounts are based on the pension being paid
during the participant's lifetime and would be reduced on an actuarially equivalent basis in the event of a survivor benefit or other optional form of payment.

Mr. Kurrer
is entitled to benefits under the Steinway & Sons division foreign pension plan. Based on the formula and his 20 years of credited service, his
estimated annual benefit would be $161,760. At age 63 Mr. Kurrer would receive approximately 36% of his annual base income earned in the year prior to retirement or $340,000, whichever is
higher. Assuming a 2% increase in annual salary in 2011 and thereafter, the estimated annual benefit at age 63 would be $170,800. The figures presented have been converted from euro to U.S. dollars
based on 2010 average currency exchange rates.

13

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Nonqualified Deferred Compensation

Name

Registrant
Contributions
in Last FY(1)
($)

Aggregate
Earnings
in Last FY
($)

Aggregate
Balance
at Last FYE
($)Kyle R. Kirkland




$
17,300

$
148,400Dana D. Messina




$
17,300

$
148,400Dennis M. Hanson




$
31,500

$
271,000John M. Stoner, Jr.




$
14,300

$
122,400Ronald Losby











The
Company maintains a non-qualified SERP for certain key employees. The Company, in its sole and absolute discretion, may make an annual SERP contribution on behalf of the
eligible participants. Total contributions and earnings therein are then payable in the form of fifteen substantially equal yearly installments beginning upon retirement and when the participant
reaches age 65. Participants become fully vested upon the completion of five years of service. As of December 31, 2010, all executive officers participating in the SERP were fully vested.

Employment Contracts

On August 29, 2007, the Company entered into an employment agreement with Kyle R. Kirkland. The agreement provides that
Mr. Kirkland will continue to serve as Chairman of the Board of the Company in consideration of an annual base salary of $350,000, which may be increased following the end of each year of
service. In addition to a base salary, Mr. Kirkland is eligible to receive bonuses and certain other employment benefits. The agreement automatically renews on an annual basis unless at least
60 days notice is given by the Company. The agreement provides that in the event the Company does not renew the agreement, it is obligated to pay to Mr. Kirkland a lump sum equal to
twice his latest annual salary plus bonus in consideration of Mr. Kirkland's agreement to not compete with the Company for a period of two years from the date of non-renewal.

On
August 29, 2007, the Company entered into an employment agreement with Dana D. Messina. The agreement provides that Mr. Messina will continue to serve as President and
Chief Executive Officer of the Company in consideration of an annual base salary of $500,000, which may be increased following the end of each year of service. In addition to a base salary,
Mr. Messina is eligible to receive bonuses and certain other employment benefits. The agreement automatically renews on an annual basis unless at least 60 days notice is given by the
Company. The agreement provides that in the event the Company does not renew the agreement, it is obligated to pay Mr. Messina a lump sum equal to twice his latest annual salary plus bonus in
consideration of Mr. Messina's agreement to not compete with the Company for a period of two years from the date of non-renewal.

On
August 29, 2007, the Company entered into an employment agreement with Dennis M. Hanson. The agreement provides that Mr. Hanson will continue to serve as General
Counsel, Senior Executive Vice President and Chief Financial Officer of the Company in consideration of an annual base salary of $390,000, which may be increased following the end of each year of
service. In addition to a base salary, Mr. Hanson is eligible to receive bonuses and certain other employment benefits. The agreement automatically renews on an annual basis unless at least
60 days notice is given by the Company. The agreement provides that in the event the Company does not renew the agreement, it is obligated to pay to Mr. Hanson a lump sum equal to his
latest annual salary plus bonus in consideration of Mr. Hanson's agreement to not compete with the Company for a period of two years from the date of non-renewal.

14

---



On
August 29, 2007, Steinway & Sons entered into an employment agreement with Thomas Kurrer. The agreement provides that effective January 1, 2008
Mr. Kurrer will serve as President of Steinway & Sons Worldwide in consideration of an annual base salary of €340,000, which may be increased following the end of
each year of service. In addition to a base salary, Mr. Kurrer is eligible to receive bonuses and certain other employment benefits. After the initial three-year term, the agreement
automatically renews on an annual basis unless at least 60 days notice is given by Steinway & Sons. The agreement provides that in the event Steinway & Sons does not
renew the agreement, it is obligated to pay to Mr. Kurrer a lump sum equal to his latest annual salary plus bonus in consideration of Mr. Kurrer's agreement to not compete with
Steinway & Sons for a period of two years from the date of non-renewal.

On
October 17, 2002, Conn-Selmer, Inc. entered into an employment agreement with John M. Stoner, Jr. The agreement provides that Mr. Stoner will serve as
President and Chief Executive Officer of Conn-Selmer, Inc. in consideration of an annual base salary of $310,000, which may be increased following the end of each year of service.
In addition to a base salary, Mr. Stoner is eligible to receive bonuses and certain other employment benefits. Mr. Stoner's agreement provides that, in certain circumstances,
Conn-Selmer, Inc. is obligated to pay Mr. Stoner his base salary and continue his benefits for up to a period of twelve months upon the termination of his employment.

On
August 29, 2007, Steinway, Inc. entered into an employment agreement with Ronald Losby. The agreement provides that, effective January 1, 2008, Mr. Losby
will serve as President of Steinway & Sons-Americas in consideration of an annual base salary of $375,000, which may be increased following the end of each year of service.
In addition to a base salary, Mr. Losby is eligible to receive bonuses and certain other employment benefits. After the initial three-year term, the agreement automatically renews
on an annual basis unless at least 60 days notice is given by Steinway, Inc. The agreement provides that in the event Steinway, Inc. does not renew the agreement, it is obligated
to pay to Mr. Losby a lump sum equal to his latest annual salary plus bonus in consideration of Mr. Losby's agreement to not compete with Steinway, Inc. for a period of two years
from the date of non-renewal.

Potential Payments Upon Termination or Change-In-Control

Each of Messrs. Kirkland's and Messina's employment agreement provides the following benefits upon termination or
non-renewal:



Each
of Messrs. Hanson's, Kurrer's and Losby's employment agreement provides the following benefits upon termination or non-renewal:



15

---



Mr. Stoner's
employment agreement provides the following benefits upon termination or non-renewal:



Compensation of Directors

On May 11, 2007, and effective July 1, 2007, the Company revised its compensation policy for non-employee
directors. Messrs. Kluiber and McMillan were each to be paid an annual retainer fee of $25,000 and Mr. Allen, as Lead Director, was to be paid an annual retainer fee of $30,000. On
April 7, 2009, in conjunction with salary reductions taken by all executive officers, the Company again revised its compensation policy by reducing the annual retainer for
Messrs. Kluiber and McMillan to $20,000 per year and for Mr. Allen to $25,000 per year. This change in compensation was effective beginning the second quarter of fiscal year 2009. In
addition to the annual retainer, these directors received $12,500 for serving on the Audit Committee, $5,000 for every additional committee and $1,000 for each meeting attended.
Messrs. Kirkland, Messina, Kurrer, and Stoner are employees of the Company and do not receive additional compensation in their roles as directors. Messrs. Kim and Lockwood do not receive
compensation in their roles as directors.

Director Compensation

Name

Fees Earned
or Paid
in Cash
($)

Option
Awards
($)

All Other
Compensation
($)

Total
($)A. Clinton Allen

$
60,500







$
60,500Rudolph K. Kluiber

$
56,500







$
56,500Peter McMillan

$
56,500







$
56,500


Compensation Committee Interlocks and Insider Participation

No interlocking relationships exist between the members of the Compensation Committee or the Board of Directors and the members of any
other company's compensation committee or board of directors.

16

---



Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth as of December 31, 2010 the number of shares of Common Stock authorized for issuance under our
equity compensation plans.

Plan Category

Number of
securities to be
issued upon
exercise of
outstanding
options, warrants
and rights
(a)

Weighted-average
exercise price of
outstanding
options, warrants
and rights
(b)

Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in column (a))
(c)Equity compensation plans approved by security holders:1996 Stock Plan


337,876

$
20.95


2006 Stock Plan


749,010


20.45


249,7402006 Purchase Plan


15,709


16.58


209,330Total


1,102,595

$
20.55


459,070


17

---





Stock Ownership of Directors, Officers, and Certain Beneficial Owners

The following table sets forth certain information regarding the beneficial ownership of voting securities of the Company as of
March 29, 2011 by each person known by the Company to be the beneficial owner of more than 5% of any class of the Company's voting securities, each of the directors and Named Executive Officers
of the Company, and all executive officers and directors of the Company as a group.

Name

Amount and
Nature of
Beneficial
Ownership of
Ordinary
Common Stock(1)

Percent(2)

Amount and
Nature of
Beneficial
Ownership of
Class A
Common Stock(1)(3)

PercentSamick Musical Instruments Co., Ltd.

3,644,700(4)

31.4%Samick Plaza Building 58-3Nonhyeon-Dong, Gangnam-GuSeoul, Korea 135-010ValueAct SmallCap Partners

1,081,853(5)

9.3%435 Pacific Avenue, 4th FloorSan Francisco, CA 94103Dimensional Fund Advisors LP

702,441(6)

6.0%





1299 Ocean Avenue, Ste 650-11th FloorSanta Monica, CA 90401RBC Global Asset Management (U.S.), Inc.

682,382

5.9%100 South Fifth Street, Suite 2300Minneapolis, MN 55402DirectorsA. Clinton Allen

33,800(7)

**





Jong Sup Kim

3,644,700(4)

31.4%





Kyle R. Kirkland

79,771(8)(9)

**


226,948


47.5%Rudolph K. Kluiber

35,800(10)

**





Thomas Kurrer

76,601(11)

**





David Lockwood

1,081,853(5)

9.3%





Peter McMillan

33,800(7)

**





Dana D. Messina

249,891(8)(12)

2.1%


251,004


52.5%John M. Stoner, Jr

67,868(13)

**





Other Executive OfficersDennis M. Hanson

92,140(14)

**





Ronald Losby

26,867(15)

**





All directors and executive officers as a group (11 persons)

5,421,960(4)(5)(8)(16)

45.0%


477,952


100.0%


**Less
than 1 percent.(1)Each
share of Ordinary Common Stock has one vote. Each share of Class A Common Stock has 98 votes.(2)For
purposes of determining beneficial ownership, owners of options exercisable within 60 days of March 29, 2011 are considered
the beneficial owners of the shares of Ordinary Common Stock for which such options are exercisable, and the reporting herein is based on the assumption (as provided in the applicable rules of the
SEC) that only the person or persons whose ownership is


18

---



being
reported will exercise such options for Ordinary Common Stock. As of March 29, 2011, there were 11,621,360 shares of Ordinary Common Stock issued and outstanding, less treasury stock. (3)All
shares are pledged as security in a brokerage margin account.(4)Includes
3,644,700 of Ordinary Common Stock owned directly by Samick Musical Instruments Co., Ltd. ("Samick"), 800,000 of which
are pledged as security pursuant to a loan agreement. Mr. Kim is the Chairman of the Board of Samick and Chairman and director of Samick's subsidiaries. Mr. Kim disclaims beneficial
ownership of the reported stock except to the extent of his pecuniary interest therein.(5)Includes
1,081,853 shares of Ordinary Common Stock owned directly by ValueAct SmallCap Master Fund, L.P. which may be deemed to be
beneficially owned by (i) VA SmallCap Partners, LLC as the General Partner of ValueAct SmallCap Master Fund, L.P., (ii) ValueAct SmallCap Management, L.P. as the
manager of ValueAct SmallCap Master Fund, L.P. and (iii) ValueAct SmallCap Management, LLC as the General Partner of ValueAct SmallCap Management, L.P. David Lockwood is
the Managing Member of VA SmallCap Partners, LLC and ValueAct SmallCap Management, LLC. Mr. Lockwood disclaims beneficial ownership of the reported stock except to the extent of
his pecuniary interest therein.(6)Dimensional
Fund Advisors LP (formerly Dimensional Fund Advisors, Inc., "Dimensional"), an investment advisor registered under
Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment
manager to certain other commingled group trusts and separate accounts. These investment companies, trusts and accounts are the "Funds." In its role as investment advisor or manager, Dimensional
possesses investment and/or voting power over the securities of the Company described herein that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Company held
by the Funds. However, all securities reported herein are owned by the Funds. Dimensional disclaims beneficial ownership of such securities. In addition, the filing of a Schedule 13G shall not
be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by such Schedule 13G for any other purposes than
Section 13(d) of the Securities Exchange Act of 1934.(7)Includes
33,800 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days.(8)Includes
1,131 shares of Ordinary Common Stock owned by Kirkland Messina, Inc., which may be deemed to be beneficially owned by both
Kyle R. Kirkland and Dana D. Messina. While Messrs. Kirkland and Messina may constitute a "group" for purposes of the Securities Exchange Act of 1934, as amended, they each disclaim beneficial
ownership of all shares of Ordinary Common Stock and Class A Common Stock held by the other person.(9)Includes
76,640 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days and 2,000 shares of Ordinary Common Stock that are pledged as security in a brokerage margin account.(10)Includes
33,800 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days and 2,000 shares of Ordinary Common Stock that are pledged as security in a brokerage margin account.(11)Includes
34,000 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days.(12)Includes
102,320 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days, 20,000 shares of restricted Ordinary Common Stock, and 126,440 shares of Ordinary Common Stock pledged as security in a brokerage margin account.


19

---



(13)Includes
50,976 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days and 10,000 shares of restricted Ordinary Common Stock.(14)Includes
38,640 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days and 10,000 shares of restricted Ordinary Common Stock.(15)Includes
18,200 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days.(16)Includes
422,176 shares of Ordinary Common Stock issuable in connection with outstanding stock options exercisable within the next
60 days, 40,000 shares of restricted Ordinary Common Stock, and 130,440 shares of Ordinary Common Stock pledged as security in a brokerage margin account.


Item 13. Certain Relationships and Related Transactions, and Director Independence

Certain Relationships and Related Transactions

The Company has adopted a written Related Party Transaction Policy. A related party transaction is a transaction between the Company
and any related party other than transactions available to all employees generally, or transactions involving less than $5,000 when aggregated with all similar transactions. Under this policy, any
related party transaction must be approved by the Audit Committee in accordance with the guidelines set forth in the policy and must be comparable on terms to those that could be obtained in arm's
length dealings with an unrelated third party. At each calendar year's first regularly scheduled Audit Committee meeting, management recommends related party transactions to be entered into by the
Company for that calendar year, including the proposed aggregate value of such transactions if applicable.

In
fiscal 2010, the Company reimbursed Kirkland Messina, LLC, a limited liability corporation controlled by Messrs. Kirkland and Messina, a total of $188,360 for expenses
including, but not limited to, airfare, hotel, auto, meals, postage and telephone. In addition, the Company paid annual rent of $176,018 to Kirkland Messina, LLC for office space the Company
uses in Los Angeles, California.

Director Independence

The Company has determined that it is a controlled company, as defined by the rules and regulations of the New York Stock Exchange (the
"NYSE"), based on the fact that Messrs. Kirkland and Messina own over 80% of the combined voting power of the Class A Common
Stock and Ordinary Common Stock. The Company has chosen to take advantage of the controlled company exemptions to Sections 303A.01, .04, and .05 of the NYSE's Listed Company Manual.
Accordingly, the Board of Directors need not be comprised of a majority of independent directors. The Board has determined that Messrs. Allen, Kim, Kluiber, Lockwood and McMillan are all
independent according to applicable rules of the Securities and Exchange Commission (the "SEC") and the listing standards of the NYSE. The Board made this determination after discussions with the
directors and review of their responses to questions regarding employment and transaction history, affiliations, and family and other relationships.

Item 14. Principal Accounting Fees and Services

The aggregate fees billed to the Company by KPMG LLP ("KPMG") for professional services for fiscal 2010, Marcum LLP ("Marcum") for
professional and audit-related services for fiscal 2010, UHY LLP ("UHY") for professional and audit-related services for fiscal 2010 and 2009, and

20

---



Deloitte &
Touche LLP ("Deloitte & Touche") for professional, audit-related and tax-related services for fiscal 2010 and 2009 were as follows:

Audit Fees

The aggregate fees billed by KPMG for its integrated audit of the Company's annual financial statements and internal control over
financial reporting in accordance with Section 404 and its reviews of the interim condensed financial statements included in the Company's Quarterly Reports on Form 10-Q were
$942,000 for the fiscal year ended December 31, 2010.

The
aggregate fees billed by Marcum for its review of the interim condensed financial statements included in the Company's Quarterly Report on Form 10-Q for first
quarter only of 2010 were $110,500.

The
aggregate fees billed by UHY for its audit of the Company's annual financial statements and internal control over financial reporting in accordance with Section 404 for the
fiscal year ended
December 31, 2009 and its reviews of the interim condensed financial statements included in the Company's Quarterly Reports on Form 10-Q for all of fiscal year 2009 were
$1,284,259.

Audit-Related Fees

The aggregate fees billed by KPMG for audit-related services related to comfort letters and consultations regarding accounting and
financial reporting in 2010 were $32,175.

The
aggregate fees billed by Marcum for audit-related services for the fiscal year ended December 31, 2010 were $22,000. These fees related to transitioning the financial
statement audit to KPMG, review of the 2009 financial statements, and comfort letters and consultations regarding accounting and financial reporting in 2010.

The
aggregate fees billed by UHY for audit-related services related to comfort letters and consultations regarding accounting and financial reporting in 2010 were $9,600. UHY did not
provide any audit-related services for the fiscal year ended December 31, 2009.

The
aggregate fees billed by Deloitte & Touche for audit-related services related to comfort letters and consultations regarding accounting and financial reporting in 2010 were
$15,935. The aggregate fees billed by Deloitte & Touche for audit-related services for the fiscal year ended December 31, 2009 were $5,000. These fees related to transitioning the
financial statement audit to UHY, review of the 2008 financial statements, and inclusion of Deloitte & Touche's previous opinion therein.

Tax Fees

KPMG, Marcum and UHY did not provide any tax services for the fiscal years ended December 31, 2010 and 2009. The aggregate fees
billed by Deloitte & Touche for tax services for the fiscal years ended December 31, 2010 and 2009 were $703,828 and $500,029, respectively. These fees relate to the preparation of tax
returns and general advice relating to tax planning and compliance.

All Other Fees

There were no other fees for the fiscal years ended December 31, 2010 and 2009.

Audit Committee Pre-Approval Policy

The Audit Committee's Pre-Approval Policy prohibits the Company from engaging its independent registered public accounting
firm for any non-audit services other than the following tax-related services: tax return preparation and review; advice on income tax, tax accounting, sales/use tax, excise
tax and other miscellaneous tax matters; tax advice and implementation assistance on restructurings, mergers and acquisition matters and other tax strategies. KPMG did not provide any professional
services related to tax matters, financial systems design and implementation, bookkeeping or internal audit services.

21

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PART IV

Item 15. Exhibits, Financial Statement Schedules



Financial StatementsReport of Independent Registered Public Accounting FirmReport of Independent Registered Public Accounting FirmConsolidated Statements of Operations Years Ended December 31, 2010, 2009, and 2008Consolidated Balance Sheets as of December 31, 2010 and 2009Consolidated Statements of Cash Flows for the Years Ended December 31, 2010, 2009, and 2008Consolidated Statements of Stockholders' Equity for the Years Ended December 31, 2010, 2009, and 2008Notes to Consolidated Financial Statements2.

Exhibits:    The Exhibits listed below are filed as part of, or incorporated by reference into, this
report.


Exhibit
No.

Description3.1

Restated Certificate of Incorporation of Registrant(4)3.2

Bylaws of Registrant(2)3.3

Amendment No. 1 to Bylaws of Registrant(3)3.4

Amendment No. 2 to Bylaws of Registrant(10)4.1

Indenture, dated as of February 23, 2006, among Steinway Musical Instruments, Inc., as Issuer; the subsidiary guarantors; and the Bank of New York Trust Company, N.A., as Trustee(7)10.1

Employment Agreement dated as of August 29, 2007 by and between Steinway & Sons and Thomas Kurrer(10)10.2

Employment Agreement dated as of August 29, 2007 by and between Steinway, Inc. and Ronald Losby(10)10.3

Employment Agreement dated August 29, 2007 by and between Steinway Musical Instruments, Inc. and Dennis Hanson(10)10.4

Employment Agreement dated August 29, 2007 by and between Steinway Musical Instruments, Inc. and Dana Messina(10)10.5

Employment Agreement dated August 29, 2007 by and between Steinway Musical Instruments, Inc. and Kyle Kirkland(10)10.6

Distribution Agreement, dated November 1, 1952, by and between H. & A. Selmer, Inc. and Henri Selmer & Cie(1)10.7

Employment Agreement dated October 17, 2002 between Conn-Selmer, Inc. and John M. Stoner, Jr.(5)10.8

Loan and Security Agreement dated as of October 5, 2010, among Conn-Selmer, Inc. and Steinway, Inc. as borrowers; the several lenders from time to time parties thereto; and Bank of America, N.A., as
Administrative Agent(16)


22

---



10.9

Agreement between Conn-Selmer, Inc. and U.A.W. Local 2359(12)10.10

Labor Contract Agreement between Musser Division and Carpenter Local 1027 Mill-Cabinet-Industrial Division affiliate of Chicago Regional Council of Carpenters of the United Brotherhood of Carpenters and Jointers of
America(11)10.11

Summary Description of Compensation for Non-Employee Directors(8)10.12

Steinway Musical Instruments, Inc. 2006 Stock Compensation Plan(9)10.13

Steinway Musical Instruments, Inc. 2006 Employee Stock Purchase Plan(9)10.14

Subscription Agreement dated as of November 5, 2009, by and among Samick Musical Instruments Co, Ltd., and Steinway Musical Instruments, Inc.(13)14.0

Code of Ethics and Professional Conduct(6)16.1

Letter Regarding the Change in Certifying Accountant  UHY LLP(14)16.2

Letter Regarding the Change in Certifying Accountant  Marcum LLP(15)21.1

List of Subsidiaries of the Registrant(17)23.1

Consent of Independent Registered Public Accounting Firm  KPMG LLP(17)23.2

Consent of Independent Registered Public Accounting Firm  UHY LLP(17)31.1

Certification of the Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 200231.2

Certification of the Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1

Certification of the Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 200232.2

Certification of the Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002


---



23

---





24

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Signatures

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.

Steinway Musical Instruments, Inc.By:

/s/ Dana D. Messina Dana D. Messina

April 28, 2011 (Date)


Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the registrant and in the capacities listed below on
April 28, 2011:

Signature

Title/s/ Dana D. Messina Dana D. Messina

Director and Chief Executive Officer (Principal Executive Officer)/s/ Dennis M. Hanson Dennis M. Hanson

Chief Financial Officer (Principal Financial and Accounting Officer)/s/ Kyle R. Kirkland Kyle R. Kirkland

Director and Chairman of the Board/s/ John M. Stoner, Jr. John M. Stoner, Jr.

Director/s/ Thomas Kurrer Thomas Kurrer

Director/s/ Peter McMillan Peter McMillan

Director/s/ A. Clinton Allen A. Clinton Allen

Director/s/ Rudolph K. Kluiber Rudolph K. Kluiber

Director/s/ David Lockwood David Lockwood

Director/s/ Jong Sup Kim Jong Sup Kim

Director


25

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