BUCKLE INC — Director's Dealing 2012

Mar 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUCKLE INC (BKE)
CIK: 0000885245
Period of Report: 2012-03-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-16	Common Stock	M	5200	$1.6022	Acquired	241800	Direct
2012-03-16	Common Stock	S	5200	$48.5591	Disposed	236600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-16	Stock Option (Right to Purchase)	$1.6022	M	5200	Disposed	2014-01-31	Common Stock (5200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2544005	Indirect
Common Stock	67500	Indirect
Common Stock	4896.8758	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 2/29/2012, as reported by plan administrator.