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DOUGLAS DYNAMICS, INC Director's Dealing 2010

Nov 30, 2010

32507_dirs_2010-11-30_df61b8ac-4f76-4a60-a8a7-e40a8c4395ce.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOUGLAS DYNAMICS, INC (PLOW)
CIK: 0001287213
Period of Report: 2010-11-24

Reporting Person: Janik James L (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-24 Common Stock S 4500 $14.75 Disposed 191018 Direct
2010-11-29 Common Stock S 1100 $14.75 Disposed 189918 Direct
2010-11-30 Common Stock S 12400 $14.75 Disposed 177518 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $4.21 2014-09-04 Common Stock (169153) 169153 Direct

Footnotes

F1: These stock options are fully vested and can be exercised at any time.