X0303 4/A 2011-01-26 2011-01-28 1 0000009342 BALDOR ELECTRIC CO BEZ 0001229999 HAGEDORN GENE J 5711 R S BOREHAM JR ST FORT SMITH AR 72901 0 1 0 0 EVP - Materials Common stock 2011-01-26 4 U 0 29147 63.50 D 0 D Common stock 2011-01-26 4 U 0 23111 63.50 D 0 I By spouse Common stock 2011-01-26 4 U 0 999 63.50 D 0 I By minor child Common stock 2011-01-26 4 U 0 6 63.50 D 0 I Benefit plans Stock unit 0 2011-01-26 4 U 0 1671 0 D 2011-02-22 2011-02-22 Common stock 1671 0 D Stock option 33.88 2011-01-26 4 U 0 4049 0 D 2006-10-21 2016-04-21 Common stock 4049 0 D Stock option 39.31 2011-01-26 4 U 0 5194 0 D 2008-02-25 2017-02-25 Common stock 5194 0 D Stock option 31.42 2011-01-26 4 U 0 1818 0 D 2011-03-01 2020-03-01 Common stock 1818 0 D Options or units disposed for consideration equal to the difference between $63.50 and the exercise price. Shares held in qualified benefit plans. Includes 0 shares acquired and 0 shares disposed thru 1/25/2011. \s\ Gene J Hagedorn 2011-02-18