Douglas Dynamics, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Employee Stock Plans (Tables)

Employee Stock Plans (Tables)

3 Months Ended

Mar. 31, 2015

Stock-Based Compensation

Summary of restricted stock activity



							Weighted
				Weighted			Average
				Average			Remaining
				Grant Date			Contractual
		Shares		Fair value			Term

Unvested at December 31, 2014		85,021		$	13.02		0.51	years
Granted		-			-		-
Vested		28,701		$	14.68
Cancelled and forfeited		—			—

Unvested at March 31, 2015		56,320		$	12.17		0.25	years

Expected to vest in the future at March 31, 2015		54,292		$	12.17		0.25	years

Summary of RSU activity



							Weighted
				Weighted			Average
				Average			Remaining
				Grant Date			Contractual
		Shares		Fair value			Term

Unvested at December 31, 2014		81,623		$	15.05		1.09	years
Granted		116,141		$	18.72		0.74	years
Vested		(103,157)		$	17.22
Cancelled and forfeited		(1,882)		$	15.82

Unvested at March 31, 2015		92,725		$	17.24		1.14	years

Expected to vest in the future at March 31, 2015		89,387		$	17.24		1.14	years