ASSOCIATED BANC-CORP — Director's Dealing 2005

Nov 23, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2005-11-15

Reporting Person: Baumgarten David A (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	8992.0751	Direct
Common Stock $.01 Par Value	183.6885	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$21.24	2012-01-23	Common Stock $.01 Par Value (14018)		Direct
Incentive Stock Option (right to buy)	$22.98	2013-01-22	Common Stock $.01 Par Value (4414)		Direct
Incentive Stock Option (right to buy)	$29.08	2014-01-28	Common Stock $.01 Par Value (3465)		Direct
Non-Qualified Stock Option (right to buy)	$20.99	2011-05-30	Common Stock $.01 Par Value (33000)		Direct
Non-Qualified Stock Option (right to buy)	$21.24	2012-01-23	Common Stock $.01 Par Value (10731)		Direct
Non-Qualified Stock Option (right to buy)	$22.98	2013-01-22	Common Stock $.01 Par Value (18085)		Direct
Non-Qualified Stock Option (right to buy)	$29.08	2014-01-28	Common Stock $.01 Par Value (26535)		Direct
Non-Qualified Stock Option (right to buy)	$33.07	2015-01-26	Common Stock $.01 Par Value (25000)		Direct

Footnotes

F1: Options vest in annual increments over 3 years; 34% on the first anniversary after the grant date, and 33% on the second and third anniversaries after the grant date, respectively.