LINDSAY CORP — Director's Dealing 2006

Jun 5, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDSAY MANUFACTURING CO (LNN)
CIK: 0000836157
Period of Report: 2006-06-01

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-01	Restricted Stock Units	$	A	3000	Disposed		Common Stock (3000)	Direct

Footnotes

F1: The cash restricted stock units vest in three equal annual installments beginning on November 1, 2006. Cash payments will be distributed to the reporting person as soon as practicable following the relevant vesting date.

F2: Each cash restricted stock unit represents a contingent right to receive a cash payment equal to the fair market value of one share of LNN common stock on the applicable vesting date.