Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MEIS CHARLIE
  2. Issuer Name and Ticker or Trading Symbol
LINDSAY MANUFACTURING CO [LNN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP Engineering
(Last)
(First)
(Middle)
2707 N. 108TH ST., SUITE 102
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2006
(Street)

OMAHA, NE 68164
4. If Amendment, Date 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
(City)
(State)
(Zip)
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               76,672 D  
Common Stock 11/01/2006   M   455 A $ 0 77,127 D  
Common Stock 11/01/2006   F   151 D $ 0 76,976 D  

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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 Underlying Securities
(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 of Derivative Security: 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
Option to Purchase $ 28.17               (1) 11/06/2007 Common Stock 7,500   7,500 D  
Option to Purchase $ 15.31               (2) 11/24/2008 Common Stock 7,500   7,500 D  
Option to Purchase $ 18.5               (3) 04/27/2011 Common Stock 7,500   7,500 D  
Option to Purchase $ 24.5               (4) 05/03/2012 Common Stock 7,500   7,500 D  
Option to Purchase $ 21.52               (5) 04/24/2013 Common Stock 7,500   7,500 D  
Option to Purchase $ 25.77               (6) 04/22/2014 Common Stock 7,500   7,500 D  
Option to Purchase $ 24.29               (7) 08/15/2015 Common Stock 3,750   3,750 D  
Option to Purchase $ 19.33               (8) 11/08/2015 Common Stock 3,750   3,750 D  
Restricted Stock Unit $ 0 11/01/2006   M     455   (9)   (9) Common Stock 909 $ 0 909 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MEIS CHARLIE
2707 N. 108TH ST.
SUITE 102
OMAHA, NE 68164
      VP Engineering  

Signatures

 Dave Downing   11/03/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The option vests in five equal annual installments beginning on March 30, 1996.
(2) The option vests in five equal annual installments beginning on November 30, 1999.
(3) The option vests in five equal annual installments beginning on April 27, 2002.
(4) The option vests in five equal annual installments beginning on May 3, 2003.
(5) The option vests in five equal annual installments beginning on April 24, 2004.
(6) The option vests in five equal annual installments beginning on April 22, 2005.
(7) The option vests in five equal annual installments beginning on August 15, 2006.
(8) The option vests in five equal annual installments beginning on November 8, 2006.
(9) The restricted stock units vest in two equal annual installments beginning on November 1, 2007. Vested shares will be delivered to the reporting person as soon as practicable following the relevent vesting date. The Company will retain from each distribution, shares of common stock required to satisfy minimum tax withholding obligations.

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