ROCKY BRANDS, INC. — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROCKY BRANDS, INC. (RCKY)
CIK: 0000895456
Period of Report: 2017-01-02

Reporting Person: Brooks Jason (President-US Wholesale Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-02	Common Stock, without par value	M	1250.0000	$0.0000	Acquired	5965.0000	Direct
2017-01-04	Common Stock, without par value	M	750.0000	$0.0000	Acquired	6715.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-02	Restricted Stock Unit	$	M	500.0000	Disposed	2018-01-02	Common Stock, without par value (500.0000)	Direct
2017-01-02	Restricted Stock Unit	$	M	750.0000	Disposed	2019-01-02	Common Stock, without par value (750.0000)	Direct
2017-01-03	Stock Option (right to buy)	$11.5500	A	5000.0000	Acquired	2027-01-03	Common Stock, without par value (5000.0000)	Direct
2017-01-04	Restricted Stock Unit	$	M	750.0000	Disposed	2020-01-04	Common Stock, without par value (750.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, without par value	1535.0000	Indirect
Common Stock, without par value	2000.0000	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.

F2: Restricted stock unit vests 25% per year beginning on the first anniversary of the date of grant.

F3: Option vests 20% per year beginning on the first anniversary of the date of grant.