X0305 4 2012-05-17 0 0001396838 Dolan Co. NYSE: DM 0001205409 CHRISTIANSON TONY C/O THE DOLAN COMPANY 222 S. NINTH STREET, SUITE 2300 MINNEAPOLIS MN 55402 1 0 0 0 Common Stock 2012-05-17 4 A 0 5974 0.00 A 6965 D Common Stock 1300 I By Adam Smith Companies, LLC Common Stock 12880 I By Adam Smith Growth Partners, L.P. Common Stock 351895 I By Adam Smith Fund, L.L.C These are restricted shares of common stock issued under the Issuer's 2007 Incentive Compensation Plan (as amended and restated). 25% of the shares vested on the date of the award, and the remaining 75% of the shares will vest in three equal annual installments on each of May 17, 2013, 2014, and 2015. Mr. Christianson is the chairman of Adam Smith Companies, LLC and disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. The filing of this report is not an admission that Mr. Christianson is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose. Mr. Christianson is the chairman of Adam Smith Companies, LLC, the general partner of Adam Smith Growth Partners, L.P. Mr. Christianson disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. The filing of this report is not an admission that Mr. Christianson is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose. Mr. Christianson is the president of Adam Smith Management, LLC, the managing member of Adam Smith Fund, LLC. Mr. Christianson disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. The filing of this report is not an admission that Mr. Christianson is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose Kelly Jacobus, as Attorney-in-Fact for Tony Christianson. 2012-05-21