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LINDSAY CORP Director's Dealing 2006

Oct 20, 2006

31903_dirs_2006-10-20_8ebc920b-07cf-4607-a8c2-eaa266ecacf3.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: 2006-10-19

Reporting Person: MEIS CHARLIE (VP Engineering)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-10-18 Common Stock S 800 $35.96 Disposed 80872 Direct
2006-10-19 Common Stock S 4200 $35.86 Disposed 76672 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 81672 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option to Purchase $28.17 2007-11-06 Common STock (7500) 7500 Direct
Option to Purchase $15.31 2008-11-24 Common Stock (7500) 7500 Direct
Option to Purchase $18.50 2011-04-27 Common Stock (7500) 7500 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
Option to Purchase $19.33 2015-11-08 Common Stock (3750) 3750 Direct
Restricted Stock Unit $ Common Stock (1364) 1364 Direct

Footnotes

F1: The option vests in five equal annual installments beginning on March 30, 1996.

F2: The option vests in five equal annual installments beginning on November 30, 1999.

F3: The option vests in five equal annual installments beginning on April 27, 2002.

F4: The option vests in five equal annual installments beginning on May 3, 2003.

F5: The option vests in five equal annual installments beginning on April 24, 2004.

F6: The option vests in five equal annual installments beginning on April 22, 2005.

F7: The option vests in five equal annual installments beginning on August 15, 2006.

F8: The option vests in five equal annual installments beginning on November 8, 2006.

F9: Each restricted stock unit represents a contingent right to receive one share of LNN common stock.

F10: 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.