ENERPAC TOOL GROUP CORP — Director's Dealing 2010

Dec 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2010-12-21

Reporting Person: ARZBAECHER ROBERT C (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-21	Class A Common Stock	S	30632	$27.4459	Disposed	623032	Direct
2010-12-21	Class A Common Stock	G	55000	—	Disposed	568032	Direct
2010-12-22	Class A Common Stock	S	40000	$27.2517	Disposed	528032	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	35737	Indirect
Class A Common Stock	11900	Indirect
Class A Common Stock	60000	Indirect
Class A Common Stock	2200	Indirect
Class A Common Stock	2400	Indirect
Class A Common Stock	8279	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.37 to $27.49, inclusive. The reporting person undertakes to provide to Actuant Corporation, any security holder of Actuant Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.

F2: Voluntary reporting of gift of 55,000 shares of Actuant Class A Common Stock to the Arzbaecher Family Foundation.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.01 to $27.54, inclusive.

F4: Represents the best estimate of the number of share equivalents held by the reporting person in the unitized stock fund of the Actuant 401(k) Plan. The unitized stock fund consists of stock of Actuant and cash and other short term investments. The number of Actuant share equivalents fluctuates depending on the ratio of the number of shares of stock of Actuant in the fund to other investments.

F5: Owned by daughters.

F6: Best estimate of shares held pursuant to Actuant Corporation Deferred Compensation Plan.