DONALDSON Co INC — Director's Dealing 2009

Nov 25, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2009-11-23

Reporting Person: VERHAGE THOMAS R (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-23	Common Stock	M	705	$28.21	Acquired	53965	Direct
2009-11-23	Common Stock	F	535	$44.12	Disposed	53430	Direct
2009-11-23	Common Stock	M	9000	$30.69	Acquired	62430	Direct
2009-11-23	Common Stock	F	7157	$44.12	Disposed	55273	Direct
2009-11-23	Common Stock	M	9000	$32.80	Acquired	64273	Direct
2009-11-23	Common Stock	F	7447	$44.12	Disposed	56826	Direct
2009-11-23	Common Stock	M	10000	$34.55	Acquired	66826	Direct
2009-11-23	Common Stock	F	8585	$44.12	Disposed	58241	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-23	Employee Stock Option (right to buy)	$28.21	M	705	Disposed	2014-03-09	Common Stock (705)	Direct
2009-11-23	Employee Stock Option (right to buy)	$30.69	M	9000	Disposed	2014-12-07	Common Stock (9000)	Direct
2009-11-23	Employee Stock Option (right to buy)	$32.80	M	9000	Disposed	2015-12-16	Common Stock (9000)	Direct
2009-11-23	Employee Stock Option (right to buy)	$34.55	M	10000	Disposed	2018-12-09	Common Stock (10000)	Direct
2009-11-23	Employee Stock Option (right to buy)	$44.12	A	535	Acquired	2014-03-09	Common Stock (535)	Direct
2009-11-23	Employee Stock Option (right to buy)	$44.12	A	7157	Acquired	2014-12-07	Common Stock (7157)	Direct
2009-11-23	Employee Stock Option (right to buy)	$44.12	A	7447	Acquired	2015-12-16	Common Stock (7447)	Direct
2009-11-23	Employee Stock Option (right to buy)	$44.12	A	8585	Acquired	2018-12-09	Common Stock (8585)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	672	Indirect
Common Stock	244	Indirect