| | | | | | | | | | | | | | | | | | | | | |
Ownership Document |
Schema Version: X0303 |
Document Type: 4/A |
Period of Report: 1/26/11 |
Date of Original Submission: 1/28/11 |
Not Subject to Section 16: 1 |
Issuer: |
| Issuer CIK: 9342 |
| Issuer Name: BALDOR ELECTRIC CO |
| Issuer Trading Symbol: BEZ |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1229999 |
| | Owner Name: HAGEDORN GENE J |
| Reporting Owner Address: |
| | Owner Street 1: 5711 R S BOREHAM JR ST |
| | Owner Street 2: |
| | Owner City: FORT SMITH |
| | Owner State: AR |
| | Owner ZIP Code: 72901 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP - Materials |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common stock |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 29,147 |
| | | Transaction Price Per Share: |
| Value: 63.50 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common stock |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 23,111 |
| | | Transaction Price Per Share: |
| Value: 63.50 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By spouse |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common stock |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 999 |
| | | Transaction Price Per Share: |
| Value: 63.50 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By minor child |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common stock |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 6 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 63.50 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Benefit plans |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock unit |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,671 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 2/22/11 |
| | Expiration Date: |
| | | Value: 2/22/11 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common stock |
| | | Underlying Security Shares: |
| Value: 1,671 |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock option |
| | Conversion or Exercise Price: |
| | | Value: 33.88 |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,049 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 10/21/06 |
| | Expiration Date: |
| | | Value: 4/21/16 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common stock |
| | | Underlying Security Shares: |
| Value: 4,049 |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock option |
| | Conversion or Exercise Price: |
| | | Value: 39.31 |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,194 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 2/25/08 |
| | Expiration Date: |
| | | Value: 2/25/17 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common stock |
| | | Underlying Security Shares: |
| Value: 5,194 |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock option |
| | Conversion or Exercise Price: |
| | | Value: 31.42 |
| | Transaction Date: |
| | | Value: 1/26/11 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: U |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,818 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 3/1/11 |
| | Expiration Date: |
| | | Value: 3/1/20 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common stock |
| | | Underlying Security Shares: |
| Value: 1,818 |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Options or units disposed for consideration equal to the difference between $63.50 and the exercise price. |
| Footnote - F2: Shares held in qualified benefit plans. Includes 0 shares acquired and 0 shares disposed thru 1/25/11. |
Remarks: |
Owner Signature: |
| Signature Name: \s\ Gene J Hagedorn |
| Signature Date: 2/18/11 |