LANDMARK BANCORP INC — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDMARK BANCORP INC (LARK)
CIK: 0001141688
Period of Report: 2012-04-30

Reporting Person: SCHUGART LARRY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-30	Common Stock	M	361	$15.48	Acquired	11062	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-30	Option to Purchase Common Stock	$15.48	M	361	Disposed	2021-04-20	Common Stock (1084)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	210	Direct
Common Stock	57641	Indirect
Common Stock	52904	Indirect
Common Stock	935	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to Purchase Common Stock	$19.76	2014-03-29	Common Stock (3611)	3611	Direct
Options to Purchase Common Stock	$20.27	2016-04-19	Common Stock (3611)	3611	Direct
Options to Purchase Common Stock	$18.91	2018-04-23	Common Stock (3611)	3611	Direct

Footnotes

F1: Vest equally over the upcoming 3 years beginning April 20, 2013.