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POWELL INDUSTRIES INC Director's Dealing 2008

Apr 14, 2008

31229_dirs_2008-04-14_5ff5d67f-ffe6-458d-87b1-18566fb082cc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POWELL INDUSTRIES INC (POWL)
CIK: 0000080420
Period of Report: 2008-04-01

Reporting Person: BECHERER JOSEPH L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-04-01 Common Stock M 7371 Acquired 14371 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-04-01 Common Stock $ M 7371 Disposed 2008-04-01 Common Stock (7371) Direct

Footnotes

F1: Each share of shadow stock was the economic equivalent of one share of Powell Industries Common Stock. The reporting person settled all of his shares of shadow stock for shares of Powell Industries Common Stock.

F2: Includes 3,000 shares of restricted stock that have time-based vesting provisions.