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

Note 13 - Employee Stock Plans (Tables)

6 Months Ended

Jun. 30, 2023

						*Weighted*
				*Weighted*		*Average*
				*Average*		*Remaining*
				*Grant Date*		*Contractual*
	*Shares*			*Fair value*		*Term (in years)*

Unvested at December 31, 2022		111,264		$	41.89		1.76
Granted		118,878		$	39.50		1.91
Vested		(79,592	)	$	44.47		-
Cancelled and forfeited		(242	)	$	38.77		-

Unvested at June 30, 2023		150,308		$	38.64		2.10

Expected to vest in the future at June 30, 2023		147,097		$	38.64		2.10