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HARLEY-DAVIDSON, INC. Director's Dealing 2015

May 5, 2015

31265_dirs_2015-05-04_599db5dd-cde5-48c4-b6b4-4c017c8be5ab.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HARLEY DAVIDSON INC (HOG)
CIK: 0000793952
Period of Report: 2015-04-30

Reporting Person: WANDELL KEITH E (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-30 Common Stock M 20322.0000 $0.0000 Acquired 162547.0000 Direct
2015-04-30 Common Stock F 15687.0000 $56.2100 Disposed 146860.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-04-30 Restricted Stock Units $0.0000 M 20322.0000 Disposed Common Stock (20322.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1425.7150 Indirect
Common Stock 500.0000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $51.7800 2023-02-04 Common Stock (112538.0000) 112538.0000 Direct
Stock Option (right to buy) $62.3300 2024-02-04 Common Stock (97545.0000) 97545.0000 Direct
Stock Option (right to buy) $45.3200 2022-02-06 Common Stock (110032.0000) 110032.0000 Direct
Stock Option (right to buy) $41.3300 2021-02-09 Common Stock (50000.0000) 50000.0000 Direct

Footnotes

F1: On 4/30/2015 (close of business), 11,723 shares of restricted stock automatically vested due to the retirement of Mr. Wandell. 5739 shares were withheld to pay the tax withholding associated with the vesting. Accordingly, the remaining 5984 shares are now reflected as common stock.

F2: On 4/30/2015 (close of business), 11,723 shares of restricted stock and 20,322 shares of restricted stock units automatically vested, respectively, due to the retirement of Mr. Wandell . 5739 shares of common stock were withheld to pay the tax withholding associated with the vesting of the restricted stock and 9948 shares of common stock were withheld to pay the tax withholding associated with the vesting of the restricted stock units.

F3: On 4/30/2015, 20,322 restricted stock unts vested automatically due to the retirement of Mr. Wandell. Each restricted stock unit represents a contingent right to receive one share of stock.

F4: On 4/30/2015 (close of business), Mr. Wandell retired as CEO and President of Harley-Davidson, Inc. Pursuant to the provisions of the Company's 2009 Incentive Stock Plan, 20,322 restricted stock units automatically vested as of close of business on 4/30/2015. Additionally, pursuant to the Company's 2014 Incentive Stock Plan, 31,863 restricted stock unts were forfeited.

F5: Granted pursuant to the Harley-Davidson, Inc. 2009 Incentive Stock Plan

F6: On 4/30/2015 (close of business), Mr. Wandell retired as President and CEO of Harley-Davidson, Inc. Pursuant to the Company's 2009 Incentive Stock Plan, 37,513 stock options automatically vested as of 4/30/2015 (close of business)

F7: On 4/30/2015 (close of business), Mr. Wandell retired as President and CEO of Harley-Davidson, Inc. Pursuant to the Company's 2009 Incentive Stock Plan, 65,030 stock options automatically vested as of 4/30/2015 (close of business).

F8: All options are currently exercisable.