ENERPAC TOOL GROUP CORP — Director's Dealing 2012

Jan 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2012-01-27

Reporting Person: BLACKMORE WILLIAM (Exec. VP-Engineered Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-27	Class A Common Stock	M	20000	$9.65	Acquired	77075	Direct
2012-01-27	Class A Common Stock	S	20000	$25.00	Disposed	57075	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-27	Employee Stock Option (Right to Buy)	$9.65	M	20000	Disposed	2012-07-08	Class A Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5715	Indirect
Class A Common Stock	2669	Indirect

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan.

F2: 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.

F3: Best estimate of shares held pursuant to Actuant Corporation Deferred Compensation Plan.

F4: Option granted under the Actuant Corporation 2001 Stock Plan.

F5: Fifty percent of the option became exercisable on 07/08/2004 and the balance became exercisable on 07/08/2007.