LINDSAY CORP — Director's Dealing 2005

Nov 9, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDSAY MANUFACTURING CO (LNN)
CIK: 0000836157
Period of Report: 2005-11-08

Reporting Person: CAHILL MATT (VP of Manufacturing)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-08	Option to Purchase	$19.33	A	3750	Acquired	2015-11-08	Common Stock (3750)	Direct
2005-11-08	Restricted Stock Unit	$	A	1364	Acquired		Common Stock (1364)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Purchase	$18.50	2011-04-27	Common Stock (20000)	20000	Direct
Option to Purchase	$24.50	2012-05-03	Common Stock (7500)	7500	Direct
Option to Purchase	$21.52	2013-04-24	Common Stock (7500)	7500	Direct
Option to Purchase	$25.77	2014-04-22	Common Stock (7500)	7500	Direct
Option to Purchase	$24.29	2015-08-15	Common Stock (3750)	3750	Direct

Footnotes

F1: The option vests in five equal annual installments beginning on April 27, 2002.

F2: The option vests in five equal annual installments beginning on May 3, 2003.

F3: The option vests in five equal annual installments beginning on April 24, 2004.

F4: The option vests in five equal annual installments beginning on April 22, 2005

F5: Option Grant

F6: The option vests in five equal annual installments beginning on August 15, 2006.

F7: The option vests in five equal annual installments beginning on November 8, 2006.

F8: Each restricted stock unit represents a contingent right to receive one share of LNN common stock.

F9: The restricted stock units vest in three equal annual installments beginning on November 1, 2006. Vested shares will be delivered to the reporting person as soon as practicable following the relevent vesting date. The Company will retain from each distribution, shares of common stock required to satisfy minimum tax withholding obligations.