SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HOWARD KAREN L

(Last) (First) (Middle)
140 JOHN JAMES AUDUBON PARKWAY

(Street)
AMHERST NY 14228

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COLUMBUS MCKINNON CORP [ CMCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP-Finance & CFO
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 58,078(1) D
Common Stock 05/17/2011 F 388(2) D $18.78 57,690(1) D
Common Stock 05/18/2011 F 535(2) D $19.04 57,155(1) D
Common Stock 2,775.1667(3) D
Common Stock 598,225.9256 I Additional shares held by ESOP; reporting person is 1 of 2 trustees; DISCLAIMS beneficial ownership
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Options (Right to Buy) $10 08/20/2002 08/19/2011 Common Stock 6,500 6,500(4) D
Non-Qualified Stock Options (Right to Buy) $10 08/20/2002 08/19/2011 Common Stock 8,500 8,500(5) D
Incentive Stock Options (Right to Buy) $5.46 05/17/2005 05/16/2014 Common Stock 20,000 20,000(6) D
Non-Qualified Stock Options (Right to Buy) $28.45 05/19/2009 05/18/2018 Common Stock 3,380 3,380(7) D
Non-Qualified Stock Options (Right to Buy) $13.27 05/18/2010 05/17/2019 Common Stock 11,063 11,063(8) D
Non-Qualified Stock Options (Right to Buy) $18.24 05/17/2011 05/16/2020 Common Stock 8,129 8,129(9) D
Explanation of Responses:
1. Includes 7,946 shares of restricted stock issued to reporting person under the Columbus McKinnon Corporation 2006 Long Term Incentive Plan dated as of May 4, 2006, subject to forfeiture in whole or part; 4,429 shares become fully vested and non-forfeitable 33.33% per year for three years beginning 5/18/2011 and the remaining 1,784 shares become fully vested and non-forfeitable 33.33% per year for three years beginning 5/19/2011, if reporting person remains an employee of issuer and the remaining 4,279 shares become fully vested and non-forfeitable 25% per year for four years beginning 5/17/201, if reporting person remains an employee of issuer.
2. Represents shares withheld to satisfy tax withholding obligation upon vesting of 1,070 restricted stock units on 5/17/2011 and 1,476 restricted stock units on 5/18/2011.
3. Reports shares allocated to account of reporting person under the Columbus McKinnon Corporation Employee Stock Ownership Plan, as amended (the "ESOP").
4. Originally a 20,000 incentive stock option grant. Reporting person exercised 11,915 options on 4/1/2011 and 1,585 options on 4/4/2011. The remaining 6,500 options are fully exercisable, subject to IRS limitations.
5. Originally a 25,000 non-qualified stock option grant. Reporting person exercised 14,563 options on 4/1/2011 and 1,937 options on 4/4/2011. The remaining 8,500 options are fully exercisable, subject to IRS limitations.
6. All exercisable, subject to IRS limitations.
7. Exercisable 25% per year for four years, beginning 5/19/09, if reporting person remains an employee of issuer.
8. Exercisable 25% per year for four years beginning 5/18/2010, if reporting person remains an employee of issuer.
9. Exercisable 25% per year for four years beginning 5/17/2011, if reporting person remains an employee of issuer.
Remarks:
Mary C. O'Connor, Power of Attorney for Karen L. Howard 05/19/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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