DONALDSON Co INC — Director's Dealing 2015

Jan 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2015-01-01

Reporting Person: OBERTON WILLARD D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-01	Common Stock	A	389	$38.63	Acquired	12304	Direct
2015-01-05	Common Stock	M	7000	$17.50	Acquired	19304	Direct
2015-01-05	Common Stock	S	7000	$37.40	Disposed	12304	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-02	Employee Stock Option (right to buy)	$38.47	A	14000	Acquired	2025-01-02	Common Stock (14000)	Direct
2015-01-05	Employee Stock Option (right to buy)	$17.50	M	7000	Disposed	2016-12-01	Common Stock (7000)	Direct

Footnotes

F1: The option vests in three equal annual installments beginning on January 2, 2016.