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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

RANKIN ALISON A

(Last)

(First)

(Middle)

5875 LANDERBROOK DRIVE

SUITE 300

(Street)

MAYFIELD HEIGHTS

44124

(City)

(State)

(Zip)

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

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

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Member of a group

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2004

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)
Class A Common Stock								1,779	I	By Assoc II⁽¹⁾
Class A Common Stock								8,563	I	By Assoc II/Daughter 1⁽²⁾
Class A Common Stock								10,451	I	By Assoc II/Daughter 2⁽²⁾
Class A Common Stock								3,770	I	By Assoc II/Spouse⁽³⁾
Class A Common Stock								2,000	I	By Spouse/RMI (Delaware)⁽⁴⁾
Class A Common Stock⁽⁵⁾	07/07/2004	07/07/2004	J⁽⁶⁾		1,940	D	⁽⁷⁾	82,697	I	By Spouse/Trust⁽⁸⁾
Class A Common Stock⁽⁵⁾	07/07/2004	07/07/2004	J⁽⁶⁾		7,487	D	⁽⁷⁾	75,210	I	By Spouse/Trust⁽⁸⁾
Class A Common Stock⁽⁵⁾								2,400	I	By Trust⁽⁹⁾
Class A Common Stock								3,015	I	By Trust (Daughter 1)⁽¹⁰⁾
Class A Common Stock								1,128	I	By Trust (Daughter 2)⁽¹⁰⁾

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)
Class B Common Stock	⁽⁷⁾							⁽⁷⁾	⁽⁷⁾	Class A Common Stock	⁽⁷⁾		35,000	I	By Assoc I/Spouse⁽¹¹⁾
Class B Common Stock⁽⁵⁾	⁽⁷⁾	07/07/2004	07/07/2004	J⁽⁶⁾		7,487		⁽⁷⁾	⁽⁷⁾	Class A Common Stock	7,487	⁽⁷⁾	116,185	I	By Spouse/Trust⁽⁸⁾
Class B Common Stock⁽⁵⁾	⁽⁷⁾	07/07/2004	07/07/2004	J⁽⁶⁾		1,940		⁽⁷⁾	⁽⁷⁾	Class A Common Stock	1,940	⁽⁷⁾	118,125	I	By Spouse/Trust⁽⁸⁾

Explanation of Responses:

1. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P.-------

2. Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust for the benefit of the daughter. Reporting Person is the co-trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.

3. Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates II, L.P . Reporting Person disclaims beneficial ownership of all such shares.

4. Represents the Reporting Person's spouse's proportionate interest in shares held by Rankin Management, Inc. ("RMI). Reporting Pe rson disclaims beneficial ownership of all such shares.

5. As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement"), the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.

6. Reporting Person's spouse exchanged shares of Class A Common Stock for like amount of Class B Common Stock with another member of the Class B Group.

7. N/A

8. Reporting Person's spouse serves as Trustee of a Trust for the benefit of Roger F. Rankin. Reporting Person disclaims beneficial ownership of all such shares.

9. Reporting Person serves as Trustee of a Trust for the benefit of Alison Rankin.

10. Held by Trust, Reporting Person is Trustee for the benefit of Reporting Person's daughter. Reporting Person disclaims beneficia l ownership of all such shares.

11. Represents the Reporting Person's spouse proportionate limited partnership interest in shares held by Rankin Associates I, L.P. Reporting Person disclaims beneficial ownership of all such shares.

Remarks:

	Charles A. Bittenbender/Attorney-in-fact	07/09/2004
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.