ROCKY BRANDS, INC. — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROCKY BRANDS, INC. (RCKY)
CIK: 0000895456
Period of Report: 2011-01-01

Reporting Person: MCDONALD JAMES E (EVP, CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-01	Common Stock, without par value	A	1744.0000	$0.0000	Acquired	41794.0000	Direct
2011-01-02	Common Stock, without par value	M	7500.0000	$5.2400	Acquired	49294.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-02	Stock Option (right to buy)	$5.2400	M	7500.0000	Disposed	2011-01-02	Common Stock, without par value (7500.0000)	Direct