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)

9 Months Ended

Sep. 30, 2012

Employee Stock Plans

Summary of restricted stock activity

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

Unvested at December 31, 2011		235,667		$	12.27		2.83 years
Granted		42,077		$	14.57		2.25 years
Vested		(68,921	)	$	12.61
Cancelled and forfeited		—		—

Unvested at September 30, 2012		208,823		$	12.63		2. 19 years

Expected to vest in the future at September 30, 2012		201,305		$	12.63		2. 19 years

Summary of RSU activity

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

Unvested at December 31, 2011		18,893		$	15.20		2.00 years
Granted		14,367		$	14.35		2.25 years
Vested		(7,214	)	$	15.25
Cancelled and forfeited		—		—

Unvested at September 30, 2012		26,046		$	14.73		0.97 years

Expected to vest in the future at September 30, 2012		26,046		$	14.73		0.97 years