SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MEZERA JAMES A

(Last)

(First)

(Middle)

15460 SANTA MARIA DRIVE

(Street)

BROOKFIELD

53005

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
JLG INDUSTRIES INC [ JLG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/06/2006

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Capital stock, $.20 par value	12/06/2006		D		20,000	D⁽¹⁾	$28	0	D
Capital stock, $.20 par value	12/06/2006		D		10,956	D⁽¹⁾	$28⁽²⁾	0	D

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director Stock Option - Right to Buy⁽³⁾	$28	12/06/2006		D			854	⁽⁴⁾	11/17/2015	Common stock	854	⁽⁴⁾	0	D
Phantom Stock	⁽²⁾	12/06/2006		M			2,200	⁽²⁾	⁽²⁾	Common stock	2,200	⁽²⁾	0	D
Phantom Stock	⁽²⁾	12/06/2006		M			3,594	⁽²⁾	⁽²⁾	Common stock	3,594	⁽²⁾	0	D
Phantom Stock	⁽²⁾	12/06/2006		M			5,162	⁽²⁾	⁽²⁾	Common stock	5,162	⁽²⁾	0	D
Director Stock Option - Right to Buy⁽⁵⁾	$28	12/06/2006		D			8,000	⁽⁶⁾	11/20/2010	Common stock	8,000	⁽⁶⁾	0	D
Director Stock Option - Right to Buy⁽⁷⁾	$28	12/06/2006		D			12,000	⁽⁸⁾	11/15/2011	Common stock	12,000	⁽⁸⁾	0	D
Director Stock Option - Right to Buy⁽⁹⁾	$28	12/06/2006		D			12,000	⁽¹⁰⁾	11/21/2012	Common stock	12,000	⁽¹⁰⁾	0	D
Director Stock Option - Right to Buy⁽¹¹⁾	$28	12/06/2006		D			1,858	⁽¹²⁾	11/20/2013	Common stock	1,858	⁽¹²⁾	0	D
Director Stock Option - Right to Buy⁽¹³⁾	$28	12/06/2006		D			1,310	⁽¹⁴⁾	11/18/2014	Common stock	1,310	⁽¹⁴⁾	0	D

Explanation of Responses:

1. Disposed of pursuant to merger agreement between issuer and OshKosh Truck Corporation.

2. Each share of phantom stock was the economic equivalent of one share of issuer's stock.

3. This option was previously reported as covering 427 shares at an exercise price of $45.52 per share, but was adjusted to reflect the stock split that occurred on March 27, 2006.

4. This option was cancelled in the merger in exchange for a payment of $5.24 per share representing the difference between $28.00 and the exercise price of the option.

5. This option was previously reported as covering 4,000 shares at an exercise price of $14.75 per share, but was adjusted to reflect the stock split that occurred on March 27, 2006

6. This option was cancelled in the merger in exchange for a payment of $20.625 per share representing the difference between $28.00 and the exercise price of the option.

7. This option was previously reported as covering 6,000 shares at an exercise price of $10.30 per share, but was adjusted to reflect the stock split that occurred on March 27, 2006.

8. This option was cancelled in the merger in exchange for a payment of $22.85 per share representing the difference between $28.00 and the exercise price of the option.

9. This option was previously reported as covering 6,000 shares at an exercise price of $8.10 per share, but was adjusted to reflect the stock split that occurred on March 27, 2006.

10. This option was cancelled in the merger in exchange for a payment of $23.95 per share representing the difference between $28.00 and the exercise price of the option.

11. This option was previously reported as covering 929 shares at an exercise price of $12.76 per share, but was adjusted to reflect the stock split that occurred on March 27, 2006.

12. This option was cancelled in the merger in exchange for a payment of $21.62 per share representing the difference between $28.00 and the exercise price of the option.

13. This option was previously reported as covering 2,620 shares at an exercise price of $19.06 per share, but was adjusted to reflect the stock split that occurred on March 27, 2006.

14. This option was cancelled in the merger in exchange for a payment of $18.47 per share representing the difference between $28.00 and the exercise price of the option.

Remarks:

	/s/James A. Mezera	12/07/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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