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DOUGLAS DYNAMICS, INC Director's Dealing 2014

May 8, 2014

32507_dirs_2014-05-08_39455648-b10e-490f-9d8a-10b065df677e.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: 2014-05-06

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-06 Common Stock S 10825 $17.3977 Disposed 274672 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6849.4013 Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $17.20 to $17.755. 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 an average weighted price.