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, 2013

Employee Stock Plans

Summary of stock option activity under the A&R 2004 Plan

		Three months ended
		March 31, 2013
Stock options - beginning of period		37,240
Options exercised		—
Stock options — end of period		37,240

Summary of restricted stock activity

							Weighted
				Weighted			Average
				Average			Remaining
		Shares		Grant Date			Contractual
		(In thousands)		Fair value			Term

Unvested at December 31, 2012		208,823		$	12.63		1.94 years
Granted		44,022		$	14.78		2.75 years
Vested		(41,325	)	$	14.64
Cancelled and forfeited		—		—

Unvested at March 31, 2013		211,520		$	12.68		2.08 years

Expected to vest in the future at March 31, 2013		203,905		$	12.68		2.08 years

Summary of RSU activity

							Weighted
				Weighted			Average
				Average			Remaining
		Shares		Grant Date			Contractual
		(In thousands)		Fair value			Term

Unvested at December 31, 2012		26,046		$	14.73		0.72 years
Granted		69,736		$	14.52		1.99 years
Vested		(53,022	)	$	14.68
Cancelled and forfeited		—		—

Unvested at March 31, 2013		42,760		$	14.46		2.44 years

Expected to vest in the future at March 31, 2013		41,721		$	14.46		2.44 years