X0202 4 2005-08-22 0 0000009534 BANDAG INC BDG/BDGA 0001207260 SICHTERMAN JANET R BANDAG, INCORPORATED 2905 NORTH HIGHWAY 61 MUSCATINE IA 527615886 0 1 0 0 VP, North American Fleet Sales Class A Common Stock, $1.00 Par Value 2005-08-22 4 P 0 39.4841 37.99 A 4390.4204 D Common Stock, $1.00 Par Value 697.3614 D Stock Fund Unit 0.0000 Common Stock 343.499 343.499 I By Profit Sharing Plan Stock Fund Unit 0.0000 Class A Common Stock 387.778 387.778 I By Profit Sharing Plan Employee Stock Option (Right to Buy) 21.0938 2010-03-07 Class A Common Stock 10400.000 10400.000 D Employee Stock Option (Right to Buy) 24.3500 2011-03-13 Class A Common Stock 7000.000 7000.000 D Employee Stock Option (Right to Buy) 32.5300 2012-03-12 Class A Common Stock 8600.000 8600.000 D Employee Stock Option (Right to Buy) 27.6750 2013-02-25 Class A Common Stock 11700.000 11700.000 D Employee Stock Option (Right to Buy) 44.4100 2014-02-24 Class A Common Stock 4300.000 4300.000 D Employee Stock Option (Right to Buy) 40.9600 2015-02-18 Class A Common Stock 3760.000 3760.000 D Janet R. Sichterman participates in the Bandag, Incorporated 2004 Stock Grant and Awards Plan ("2004 Awards Plan"). Column 5 of table I includes 975 shares of Class A Common Stock held by Ms. Sichterman under the 2004 Awards Plan. The shares are restricted for 3 years when granted and are held by a Trustee for the benefit of Ms. Sichterman. Column 5 of Table I includes 10.1084 shares of Common Stock and 70.6417 shares of Class A Common Stock acquired through automatic reinvestment of dividends under the Bandag, Incorporated Dividend Reinvestment and Optional Cash Purchase Plan ("DRP") since February 22, 2005. Janet R. Sichterman participates in the Bandag, Incorporated Restricted Stock Grant Plan ("Plan"). Column 5 of Table I includes 245 shares of Common Stock and 245 shares of Class A Common Stock held by Ms. Sichterman under the Plan. The shares are restricted for 7 years when granted and are held by a Trustee for the benefit of Ms. Sichterman. Janet R. Sichterman participates in the Bandag, Incorporated Stock Award Plan ("Stock Award Plan"). Column 5 of Table I includes 2,750 shares of Class A Common Stock held by Ms. Sichterman under the Stock Award Plan. The shares are restricted for 3 years when granted and are held by a Trustee for the benefit of Ms. Sichterman. Represents stock fund units under the Bandag Salaried Profit Sharing, Retirement and Savings Plan ("Profit Sharing Plan"), including 52.27 shares of Common Stock and 57.99 shares of Class A Common Stock acquired under the Profit Sharing Plan since February 22, 2005. Distributions will be made upon the earliest to occur of termination of employment, death or retirement, subject to limited exceptions. The number of underlying securities is based on the number of stock fund units, the value of these units and the Company's Common and Class A Common Stock market values as of July 31, 2005. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of Company stock and other investments. Options became fully vested as of March 7, 2005. Options vest 20% on each of March 13, 2002, 2003, 2004, 2005 and 2006. Options vest 25% on each of March 12, 2003, 2004, 2005 and 2006. Options vest 25% on each of February 25, 2004, 2005, 2006 and 2007. Options vest 25% on each of February 24, 2005, 2006, 2007, 2008. Options vest 25% on each of February 18, 2006, 2007, 2008, 2009. /s/ Sichterman, Janet R. 2005-08-24