BUCKLE INC — Director's Dealing 2011

Apr 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUCKLE INC (BKE)
CIK: 0000885245
Period of Report: 2011-04-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-01	Common Stock	G	2000	—	Disposed	362247	Direct
2011-04-12	Common Stock	M	32838	$1.5089	Acquired	395085	Direct
2011-04-12	Common Stock	S	32838	$44.1978	Disposed	362247	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-12	Stock Option (Right to Purchase)	$1.5089	M	32838	Disposed	2012-02-02	Common Stock (32838)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1500	Indirect
Common Stock	2228.33	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, payment of special cash dividend on 10/27/2009, and payment of special cash dividend on 12/21/2010.

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, payment of special cash dividend on 10/27/09, and payment of special cash dividend on 12/21/2010.

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

F4: Holdings as of 3/31/2011, as reported by plan administrator.