POWELL INDUSTRIES INC — Director's Dealing 2007

Dec 12, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POWELL INDUSTRIES INC (POWL)
CIK: 0000080420
Period of Report: 2007-12-10

Reporting Person: HONEYCUTT MILBURN E (Vice President, Corp Controlle)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-10	Common Stock	M	600	$18.44	Acquired	600	Direct
2007-12-10	Common Stock	S	600	$43.50	Disposed	0	Direct
2007-12-11	Common Stock	M	1650	$18.44	Acquired	1650	Direct
2007-12-11	Common Stock	S	1650	$43.50	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-10	Stock Options	$18.44	S	600	Disposed	2011-06-24	Common Stock (600)	Direct
2007-12-11	Stock Options	$18.44	S	1650	Disposed	2011-06-24	Common Stock (1650)	Direct

Footnotes

F1: These stock options become exercisable in equal installments on each of the first five anniversaries of 6/24/2005, the date of the grant.