DXP ENTERPRISES INC — Director's Dealing 2011

Apr 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DXP ENTERPRISES INC (DXPE)
CIK: 0001020710
Period of Report: 2011-03-31

Reporting Person: LITTLE DAVID R (Director, Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-31	DXP Common Stock	M	3227	—	Acquired	1897300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-31	DXP Restricted Stock Units	$0.0	M	3227	Disposed		DXP Common Stock (3227)	Direct
2011-03-31	DXP Restricted Stock Units	$0	A	2600	Acquired		DXP Common Stock (2600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
DXP Common Stock	1894073	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
DXP Restricted Stock Units	$0.0		DXP Common Stock (28000)	28000	Direct

Footnotes

F1: The terms of the grant provide for vesting in equal amounts over ten years on the anniversary date of the grant, October 24, 2008.

F2: The terms of the grant provide for vesting in equal amounts over three years on the anniversary date of the grant, March 31, 2009.

F3: The terms of the grant provide for vesting in equal amounts over three years on the anniversary date of the grant. Grant date March 31, 2011