DONALDSON Co INC — Director's Dealing 2003

Oct 23, 2003

SEC Form 4/A — Form 4/A

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2003-09-04

Reporting Person: WINDFELDT THOMAS A (VP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-04	Common Stock	G	150	—	Disposed	715	Indirect
2003-09-04	Common Stock	G	150	—	Disposed	565	Indirect
2003-09-04	Common Stock	G	150	—	Disposed	415	Indirect
2003-09-04	Common Stock	G	150	—	Disposed	265	Indirect
2003-09-04	Common Stock	M	11860	$14.00	Acquired	82944	Direct
2003-09-04	Common Stock	F	3014	$57.58	Disposed	79930	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-04	Option (right to buy)	$14.00	M	11860	Disposed	2002-12-15	Common Stock (11860)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1903	Indirect
Common Stock	522	Indirect

Footnotes

F1: Gift of 150 shares

F2: Gift of 150 shares

F3: Gift of 150 shares

F4: Gift of 150 shares