DONALDSON Co INC — Director's Dealing 2013

Nov 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2013-11-25

Reporting Person: Perushek Mary Lynne (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-25	Common Stock	A	3000	—	Acquired	30226	Direct
2013-11-25	Common Stock	M	19000	$21.20	Acquired	49226	Direct
2013-11-25	Common Stock	F	12828	$41.51	Disposed	36398	Direct
2013-11-25	Common Stock	S	1201	$41.75	Disposed	35197	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-25	Employee Stock Option (right to buy)	$21.20	M	19000	Disposed	2019-12-11	Common Stock (19000)	Direct
2013-11-25	Employee Stock Option (right to buy)	$41.51	A	12828	Acquired	2019-12-11	Common Stock (12828)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4874	Indirect
Common Stock	7197	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a price ranging from $41.74 - $41.75, inclusive. The reporting person undertakes to provide to Donaldson Company, Inc., any security holder of Donaldson Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.