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*
Sullivan Timothy W

(Last) (First) (Middle)
PO BOX 500
1100 MILWAUKEE AVENUE

(Street)
SOUTH MILWAUKEE WI 53172

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BUCYRUS INTERNATIONAL INC [ BUCY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2010
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 11/15/2010 S(1) 30,000 D $90.05 880(2) D
Common Stock 29,658(3) D
Common Stock 5.482 D
Common Stock 13,600(4) D
Common Stock 12,900(5) D
Common Stock 70,050(6) D
Common Stock 17,500(7) D
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
Stock Appreciation Rights $59.48 (8) 02/23/2020 Common Stock 65,700 65,700 D
Stock Appreciation Rights $13.52 (9) 02/24/2019 Common Stock 284,600 284,600 D
Stock Appreciation Rights $51.69 (10) 02/20/2018 Common Stock 62,200 62,200 D
Stock Appreciation Rights $28.52 (11) 02/21/2017 Common Stock 62,400 62,400 D
Stock Appreciation Rights $19.882 (12) 02/16/2016 Common Stock 201,000 201,000 D
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 28, 2010.
2. Grant to reporting person of "base" restricted stock under the Omnibus Incentive Plan 2007. The "base" restricted stock fully vested on December 31, 2009.
3. Grant to reporting person of "premium" restricted stock under the Omnibus Incentive Plan 2007. The "premium" restricted stock fully vested on December 31, 2009.
4. Grant to reporting person of restricted stock under the Omnibus Incentive Plan 2007. The restricted stock vests on December 2010.
5. Grant to reporting person of restricted stock under the Omnibus Incentive Plan 2007. The restricted stock vests on December 2011.
6. Grant to reporting person of restricted stock under the Omnibus Incentive Plan 2007. The restricted stock vests on December 2012.
7. Grant to reporting person of restricted stock under the Omnibus Incentive Plan 2007. The restricted stock vests on December 2013.
8. The stock appreciation rights are granted under the Omnibus Incentive Plan 2007 and will incrementally vest 10%, 15%, 25% and 50%, respectively, on December 31, 2010, 2011, 2012 and 2013.
9. The stock appreciation rights are granted under the Omnibus Incentive Plan 2007 and will incrementally vest 10%, 15%, 25% and 50%, respectively, on December 31, 2009, 2010, 2011 and 2012.
10. The stock appreciation rights are granted under the Omnibus Incentive Plan 2007 and will incrementally vest 10%, 15%, 25% and 50%, respectively, on December 31, 2008, 2009, 2010 and 2011.
11. The stock appreciation rights are granted under the Omnibus Incentive Plan 2007 and will incrementally vest 10%, 15%, 25% and 50%, respectively, on December 31, 2007, 2008, 2009 and 2010.
12. The stock appreciation rights are granted under the Omnibus Incentive Plan 2007 and will incrementally vest 10%, 15%, 25% and 50%, respectively, on December 31, 2006, 2007, 2008 and 2009.
/s/Timothy W. Sullivan 11/17/2010
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.