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

Note 13 - Employee Stock Plans (Tables)

9 Months Ended

Sep. 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		120,834		$	39.37		1.74
Vested		(79,592	)	$	44.47		-
Cancelled and forfeited		(3,805	)	$	39.43		-

Unvested at September 30, 2023		148,701		$	38.52		1.86

Expected to vest in the future at September 30, 2023		144,512		$	38.52		1.86