WEYCO GROUP INC — Director's Dealing 2009

May 26, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WEYCO GROUP INC (WEYS)
CIK: 0000106532
Period of Report: 2009-05-21

Reporting Person: FLORSHEIM JOHN W (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-21	Common Stock	M	17462	$7.25	Acquired	290803	Direct
2009-05-21	Common Stock	S	10022	$22.00	Disposed	280781	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-21	Stock Option	$7.25	M	17462	Disposed	2009-10-05	Common Stock (17462)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	34781	Indirect
Common Stock	83753	Indirect
Common Stock	25052	Indirect
Common Stock	22363	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$19.83	2010-04-26	Common Stock (5042)	5042	Direct
Stock Option	$18.03	2015-04-26	Common Stock (19958)	19958	Direct
Stock Option	$16.79	2013-05-19	Common Stock (32088)	32088	Direct
Stock Option	$12.04	2012-07-22	Common Stock (29948)	29948	Direct
Stock Option	$7.84	2011-09-07	Common Stock (25896)	25896	Direct
Stock Option	$8.50	2010-11-02	Common Stock (19306)	19306	Direct
Stock Option	$27.38	2012-11-30	Common Stock (9680)	9680	Direct
Stock Option	$30.12	2012-11-30	Common Stock (3320)	3320	Direct
Stock Option	$30.67	2013-12-01	Common Stock (13000)	13000	Direct

Footnotes

F1: 25% per year for 4 years beginning 11/30/08

F2: 25% per year for four years beginning 12/01/2009