DONALDSON Co INC — Director's Dealing 2012

Jan 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2012-01-04

Reporting Person: Perushek Mary Lynne (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-04	Common Stock	A	43.441	$68.53	Acquired	3095	Indirect
2012-01-04	Common Stock	M	2088	$36.35	Acquired	9011	Direct
2012-01-04	Common Stock	F	1472	$68.41	Disposed	7539	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-04	Employee Stock Option (right to buy)	$36.35	M	2088	Disposed	2016-11-06	Common Stock (0)	Direct
2012-01-04	Employee Stock Option (right to buy)	$68.41	F	1472	Acquired	2016-11-06	Common Stock (1472)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2138	Indirect