ENERPAC TOOL GROUP CORP — Director's Dealing 2008

Jan 25, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2008-01-15

Reporting Person: KOBYLINSKI BRIAN (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	104850	Direct
Class A Common Stock	11681	Indirect
Class A Common Stock	693	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$4.65	2010-08-09	Class A Common Stock (21800)		Direct
Employee Stock Option (right to buy)	$6.57	2011-10-24	Class A Common Stock (28000)		Direct
Employee Stock Option (right to buy)	$11.97	2013-01-13	Class A Common Stock (20000)		Direct
Employee Stock Option (right to buy)	$15.91	2013-10-21	Class A Common Stock (16000)		Direct
Employee Stock Option (right to buy)	$17.12	2014-04-29	Class A Common Stock (4000)		Direct
Employee Stock Option (right to buy)	$20.05	2014-10-27	Class A Common Stock (14000)		Direct
Employee Stock Option (right to buy)	$28.11	2016-01-12	Class A Common Stock (13000)		Direct
Employee Stock Option (right to buy)	$24.77	2016-07-06	Class A Common Stock (5152)		Direct
Employee Stock Option (right to buy)	$23.64	2017-01-16	Class A Common Stock (18000)		Direct
Employee Stock Option (right to buy)	$28.36	2018-01-14	Class A Common Stock (32000)		Direct

Footnotes

F1: Includes 4,450 shares of restricted stock granted under the Actuant Corporation 2002 Stock Plan. One hundred percent of the restricted stock becomes vested on 08/04/2008.

F2: Best estimate of shares held pursuant to the Actuant 401(k) Plan.

F3: Options granted under the Actuant Corporation 1996 Stock Plan.

F4: Fifty percent of the option became exercisable on 10/24/2003, and the balance on 10/24/2006. Options granted under the Actuant Corporation 2001 Stock Plan.

F5: Fifty percent of the option became exercisable on 01/13/2005, and the balance on 01/13/2008. Options granted under the Actuant Corporation 2002 Stock Plan.

F6: Fifty percent of the option became exercisable on 10/21/2005, and the balance on 10/21/2008. Options granted under the Actuant Corporation 2002 Stock Plan.

F7: Fifty percent of the option became exercisable on 04/29/2006, and the balance on 04/29/2009. Options granted under the Actuant Corporation 2001 Stock Plan.

F8: Fifty percent of the option became exercisable on 10/27/2006, and the balance on 10/27/2009. Options granted under the Actuant Corporation 2002 Stock Plan.

F9: Fifty percent of the option becomes exercisable on 01/12/2009 and the balance on 01/12/2011. Options granted under the Actuant Corporation 2001 Stock Plan.

F10: Options granted under the Actuant Corporation 2002 Stock Plan.

F11: Fifty percent of the option becomes exercisable on 01/16/2010, and the balance on 01/16/2012. Options granted under the Actuant Corporation 2002 Stock Plan.

F12: Fifty percent of the option becomes exercisable on 01/14/2011, and the balance on 01/14/2013. Options granted under the Actuant Corporation 2002 Stock Plan.