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LINDSAY CORP Director's Dealing 2006

Dec 5, 2006

31903_dirs_2006-12-05_a08695e0-19c4-40b8-a355-482347778000.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDSAY MANUFACTURING CO (LNN)
CIK: 0000836157
Period of Report: 2006-12-01

Reporting Person: Denman Owen (Pres. & CEO Barrier Systems)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-12-01 Restricted Stock Unit $ A 1409 Acquired Common Stock (1409.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8258.00 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $0.0000 Common Stock (2000.00) 2000.00 Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of LNN common stock.

F2: The restricted stock units vest in three equal annual installments beginning on December 1, 2007. Vested shares will be delivered to the reporting person as soon as practical following the relevant vesting date. The Company will retain from each distribution, shares of common stock required to satisfy minimum tax withholding obligation.

F3: The restricted stock units vest in two equal annual installments beginning on November 1, 2007. Vested shares will be delivered to the reporting person as soon as practicable following the relevant vesting date. The Company will retain from each distribution, shares of common stock required to satisfy minimum tax withholding obligations.