JOHNSON OUTDOORS INC — Director's Dealing 2005

Sep 6, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON OUTDOORS INC (JOUT)
CIK: 0000788329
Period of Report: 2005-09-02

Reporting Person: JOHNSON LEIPOLD HELEN P (Director, Chairman of the Board & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-02	Class A Common Stock	J	15299	$16.79	Acquired	605287	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	45668	Direct
Class A Common Stock	100000	Indirect
Class A Common Stock	114464	Indirect
Class A Common Stock	488367	Indirect
Class A Common Stock	4129	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0		Class A Common Stock (18012)	18012	Indirect
Phantom Shares	$0		Class A Common Stock (13855)	13855	Direct
Option (right to buy)	$8.13	2009-03-09	Class A Common Stock (85000)	85000	Direct
Option (right to buy)	$7.63	2009-12-13	Class A Common Stock (30000)	30000	Direct
Option (right to buy)	$5.31	2010-12-11	Class A Common Stock (30000)	30000	Direct
Option (right to buy)	$7.42	2011-12-13	Class A Common Stock (30000)	30000	Direct
Class B Common Stock	$0		Class A Common Stock (820536)	820536	Indirect
Class B Common Stock	$0		Class A Common Stock (125408)	125408	Indirect
Class B Common Stock	$0		Class A Common Stock (1037330)	1037330	Indirect

Footnotes

F1: The Helen Johnson-Leipold Third Party Gift and Inheritance Trust (the "Gift Trust") received these shares in a distribution upon the liquidation of a corporation in which Ms. Johnson-Leipold was a shareholder. The corporation purchased these shares at the closing price of Johnson Outdoors on September 1, 2005.

F2: Helen P. Johnson-Leipold reports these shares as settlor and beneficiary of the Gift Trust.

F3: As controlling shareholder of Johnson Financial Group ("JFG"), the parent corporation of the trustee of the trust which beneficially owns the reported shares. Ms. Johnson-Leipold disclaims beneficial ownership in all shares held by JFG in which she does not have a pecuniary interest.

F4: As trustee of the Samuel C. Johnson Family Trust (the "Family Trust"), which beneficially owns the shares as the controlling shareholder of a corporation. Ms. Johnson-Leipold disclaims beneficial ownership in all shares held by the Family Trust in which she does not have a pecuniary interest.

F5: Ms. Johnson-Leipold reports these shares (a) as controlling shareholder of parent corporation of Johnson Bank, the trustee of certain trusts which directly, or indirectly as shareholders of certain corporations and as general partners of certain limited partnerships, beneficially own reported shares; (b) as a shareholder of a corporation and a general partner of a limited partnership, which indirectly owns reported shares; or (c) as settlor and beneficiary of the Helen Johnson-Leipold Revocable Trust (the "Trust"), which beneficially owns reported shares directly or indirectly as a shareholder of certain corporations and as the general partner of certain limited partnerships (collectively, the "Controlling Entities"). Ms. Johnson-Leipold reports all shares held by certain corporations of which the Trust or the other trusts referenced above may be deemed to be a controlling shareholder. In addition, Ms. Johnson-Leipold reports all shares held by certain limited partnerships of which the Trust or such other trusts is a general partner. Due to the nature of such limited partnerships, it is impractical to determine the Trust's or such other trusts' proportionate interest (as defined by Rule 16a-1(a)(2)(ii)(B)) in such limited partnerships. Ms. Johnson-Leipold disclaims beneficial ownership in all shares held by the Controlling Entities in which she does not have a pecuniary interest.

F6: Reflects shares held by the Johnson Outdoors 401(k) Retirement and Savings Plan over which Ms. Johnson-Leipold has sole voting power.

F7: Class B Common Stock is convertible at any time on a one-share-for-one share basis into Class A Common Stock.

F8: Phantom shares vest and are settled in cash on the third anniversary of their grant date, assuming the market price of the stock is within a prescribed range on such date. In the event the phantom shares do not vest on this date, their vesting is subject to a one year extension in the event certain performance criteria are met.

F9: Fully vested.

F10: One-third of option becomes exercisable on each successive anniversary of its December 13, 2001 grant date.

F11: As trustee of the Family Trust, which beneficially owns the reported shares indirectly as the controlling shareholder of a corporation which beneficially owns the shares as a unit holder in the Johnson Outdoors Inc. Class B Common Stock Voting Trust. Ms. Johnson-Leipold disclaims beneficial ownership in all shares held by the Family Trust in which she does not have a pecuniary interest.

F12: The reported shares are held by the Johnson Outdoors Inc. Class B Common Stock Voting Trust ("Voting Trust"), of which Ms. Johnson-Leipold is trustee. The total reflected includes 11,762 shares held by the Gift Trust and 820,536 held by the Samuel C. Johnson Family Trust. Ms. Johnson-Leipold disclaims beneficial ownership in all shares held by the family Trust in which she does not have a pecuniary interest.