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LINDSAY CORP Director's Dealing 2009

Dec 29, 2009

31903_dirs_2009-12-29_c9e93e28-f2fa-49f5-80ca-ca0623261a4e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LINDSAY CORP (LNN)
CIK: 0000836157
Period of Report: 2009-12-28

Reporting Person: PAROD RICK (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-12-28 Common Stock M 15000 $14.0000 Acquired 114495 Direct
2009-12-28 Common Stock M 50000 $14.0000 Acquired 164495 Direct
2009-12-28 Common Stock S 40458 $42.0825 Disposed 124037 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-12-28 Option to Purchase $14.0000 M 15000 Disposed 2010-03-08 Common Stock (15000) Direct
2009-12-28 Option to Purchase $14.0000 M 50000 Disposed 2010-03-08 Common Stock (50000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option to Purchase $21.5200 2013-04-24 Common Stock (45000) 45000 Direct
Option to Purchase $25.7700 2014-04-22 Common Stock (45000) 45000 Direct
Option to Purchase $24.2900 2015-08-15 Common Stock (22500) 22500 Direct
Option to Purchase $19.3300 2015-11-08 Common Stock (22500) 22500 Direct

Footnotes

F1: Includes common stock in the form of restricted stock units.

F2: All proceeds of shares sold were used to pay for the taxes and exercise price related to the exercise of 65,000 options, all of which were to expire in March 2010.

F3: The actual sale prices range from $41.27 to $42.98.

F4: The option vests in five equal annual installments beginning on April 5, 2001.

F5: These options to purchase common stock are exercisable on or after the first day following the completion of a period of twenty (20) consecutive business days on which the fair market value exceeds $40.00 per share - but only if such period is completed prior to 4/5/05 - alternatively, these options to purchase common stock are exercisable on or after 4/5/09.

F6: The option vests in five equal annual installments beginning on April 24, 2004.

F7: The option vests in five equal annual installments beginning on April 22, 2005.

F8: The option vests in five equal annual installments beginning on August 15, 2006.

F9: The option vests in five equal annual installments beginning on November 8, 2006.