DOUGLAS DYNAMICS, INC — Director's Dealing 2011

Jan 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOUGLAS DYNAMICS, INC (PLOW)
CIK: 0001287213
Period of Report: 2011-01-03

Reporting Person: Hagelin Keith (VP, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-03	Common Stock	A	8372	—	Acquired	29144	Direct

Footnotes

F1: Includes 2,956 shares that will vest in two equal annual installments beginning on January 3, 2012 and 4,431 shares that will vest in three equal annual installments beginning on January 3, 2012.