BUCKLE INC — Director's Dealing 2009

Dec 22, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUCKLE INC (BKE)
CIK: 0000885245
Period of Report: 2009-12-18

Reporting Person: RHOADS KAREN B (Director, VP FINANCE & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-18	Common Stock	M	30000	$3.9989	Acquired	298552	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-18	Stock Option (Right to Purchase)	$3.9989	M	30000	Disposed	2012-02-02	Common Stock (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect
Common Stock	1000	Indirect
Common Stock	2037.82	Indirect

Footnotes

F1: Exercise price was originally reported as $20.50. Exercise price has been adjusted in accordance with the terms of the stock option plan to reflect payment of special cash dividend on 1/2/2007, 3/2 stock split on 1/12/2007, payment of special cash dividend on 10/27/2008, 3/2 stock split on 10/30/2008, and payment of special cash dividend on 10/27/2009.

F2: Number of stock options granted was originally reported as 27,900. Number of stock options outstanding has been adjusted in accordance with the terms of the stock option plan to reflect payment of special cash dividend on 1/2/2007, 3/2 stock split on 1/12/2007, payment of special cash dividend on 10/27/2008, 3/2 stock split on 10/30/2008, and payment of special cash dividend on 10/27/09.

F3: Options became exercisable 100 percent on 6/2/2005.

F4: Holdings as of 11/30/2009, as reported by plan administrator.