X0101 4 2003-05-07 0 0000916459 GARDNER DENVER INC GDI 0001188214 HIPP RAYMOND R 1 0 0 0 Nonemployee Director Stock Option (Right to buy) 19.72 2003-05-07 4 A 0 4500 0 A 2004-05-07 2008-05-07 Common Stock 4500 4500 D Options granted under the Company's Long-Term Incentive Plan, as amended, a Rule 16b-3 plan. /s/ Tracy D. Pagliara, by Power of Attorney 2003-05-08