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DOUGLAS DYNAMICS, INC Director's Dealing 2011

Jan 5, 2011

32507_dirs_2011-01-05_a7657d01-cc78-49da-bf47-7ac5b30e7bca.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: 2011-01-03

Reporting Person: Young Robert J (Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-03 Common Stock A 2558 Acquired 9261 Direct
2011-01-05 Common Stock S 125 $14.9204 Disposed 9136 Direct

Footnotes

F1: Includes 904 shares that will vest in two equal annual installments beginning on January 3, 2012 and 1,353 shares that will vest in three equal annual installments beginning on January 3, 2012.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $14.87 to $14.99. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.