ENERPAC TOOL GROUP CORP — Director's Dealing 2011

Nov 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2011-10-31

Reporting Person: Grissom Sheri (VP Human Resources)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-31	Phantom Stock	$	A	4503.15	Acquired		Class A Common Stock (4503.15)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	14494	Direct
Class A Common Stock	880	Indirect
Class A Common Stock	1066	Indirect

Footnotes

F1: 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.

F2: Best estimate of shares held pursuant to Actuant Corporation Deferred Compensation Plan.

F3: Pursuant to the Actuant Corporation Deferred Compensation Plan, the phantom stock units are settled generally following the participant's termination of employment.

F4: The phantom stock is converted 1 for 1 into shares of Class A Common Stock.