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BUCKLE INC Director's Dealing 2011

Nov 8, 2011

31378_dirs_2011-11-08_44b8513e-523e-4a2e-a85f-7336421a7a32.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUCKLE INC (BKE)
CIK: 0000885245
Period of Report: 2011-11-04

Reporting Person: NELSON DENNIS H (Director, PRESIDENT & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-11-04 Common Stock M 10000 $1.6022 Acquired 215100 Direct
2011-11-04 Common Stock S 10000 $45.50 Disposed 205100 Direct
2011-11-07 Common Stock M 10000 $1.6022 Acquired 215100 Direct
2011-11-07 Common Stock S 10000 $45.4219 Disposed 205100 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-04 Stock Option (Right to Purchase) $1.6022 M 10000 Disposed 2014-01-31 Common Stock (10000) Direct
2011-11-07 Stock Option (Right to Purchase) $1.6022 M 10000 Disposed 2014-01-31 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2485505 Indirect
Common Stock 67500 Indirect
Common Stock 4883.8113 Indirect

Footnotes

F1: Exercise price was originally reported as $25.75. 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, payment of special cash dividend on 10/27/2009, payment of special cash dividend on 12/21/2010, and payment of special cash dividend on 10/27/2011.

F2: Number of stock options granted was originally reported as 103,500. 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, payment of special cash dividend on 10/27/09, payment of special cash dividend on 12/21/2010, and payment of special cash dividend on 10/27/2011.

F3: Exercisable upon certification of goals being met - 1/3 immediately, 1/3 on 1/28/2006, and 1/3 on 12/13/2006.

F4: Holdings as of 10/31/2011, as reported by plan administrator.