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, 2014

Employee Stock Plans

Summary of restricted stock activity



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

Unvested at December 31, 2013		169,903		$	13.03		1.34	years
Granted		-			-		-
Vested		43,263		$	14.78
Cancelled and forfeited		—			—

Unvested at March 31, 2014		126,640		$	12.44		1.20	years

Expected to vest in the future at March 31, 2014		122,081		$	12.44		1.20	years

Summary of RSU activity



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

Unvested at December 31, 2013		43,348		$	14.46		1.55	years
Granted		140,291		$	15.29		1.08	years
Vested		(100,620)		$	15.14
Cancelled and forfeited		—			—

Unvested at March 31, 2014		83,019		$	15.04		1.82	years

Expected to vest in the future at March 31, 2014		80,030		$	15.04		1.82	years