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*
HAHN KENNETH P
(Last) (First) (Middle)
C/O GEHL COMPANY
143 WATER STREET
(Street)
WEST BEND WI 53095
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GEHL CO [ GEHL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2003
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)
Code V Amount (A) or (D) Price
Common Stock 11/07/2003 S 200 D $15.28 12,739 D
Common Stock 11/07/2003 S 800 D $15.25 11,939 D
Common Stock 11/07/2003 S 300 D $15.26 11,639 D
Common Stock 11/07/2003 S 150 D $15.45 11,489 D
Common Stock 11/07/2003 S 50 D $15.38 11,439 D
Common Stock 11/07/2003 S 400 D $15.29 11,039 D
Common Stock 11/07/2003 S 500 D $15.5 10,539 D
Common Stock 11/07/2003 S 500 D $15.51 10,039 D
Common Stock 11/07/2003 S 100 D $15.56 9,939 D
Common Stock 11/10/2003 S 1,500 D $15.25 8,439 D
Common Stock 11/10/2003 S 100 D $15.34 8,339 D
Common Stock 11/10/2003 S 100 D $15.35 8,239 D
Common Stock 11/10/2003 S 300 D $15.38 7,939 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy) Grant Date: 12/20/96(1) $9.375 12/19/1999(2) 12/19/2006 Common Stock 5,000 5,000 D
Options (Right to Buy) Grant Date: 12/19/97(1) $21.25 12/18/2000(2) 12/18/2007 Common Stock 5,000 5,000 D
Options (Right to Buy) Grant Date: 12/18/98(1) $14 12/17/2001(2) 12/17/2008 Common Stock 7,500 7,500 D
Options (Right to Buy) Grant Date: 12/17/99(1) $17.75 12/16/2002(2) 12/16/2009 Common Stock 10,000 10,000 D
Options (Right to Buy) Grant Date: 12/15/00(1) $12.125 (3) 12/14/2010 Common Stock 25,000 25,000 D
Options (Right to Buy) Grant Date: 12/14/01(1) $14.9 (3) 12/13/2011 Common Stock 25,000 25,000 D
Options (Right to Buy) Grant Date: 12/20/02(1) $8.84 (3) 12/19/2012 Common Stock 4,000 4,000 D
Explanation of Responses:
1. These options were granted on the transaction date indicated above to the reporting person under the Gehl Company 1995 Stock Option Plan or the Gehl Company 2000 Equity Incentive Plan.
2. These options were subject to a three-year period following the date of grant during which such options vested and became exercisable on a cumulative basis with respect to one-third of the shares covered by the options each year. The date above reflects the date on which the options became fully vested.
3. These options are subject to a three-year period following the date of grant during which such options vest and become exercisable on a cumulative basis with respect to one-third of the shares covered by the options each year. The options are subject to immediate vesting following the occurrence of certain events.
Remarks:
/s/ Hahn, Kenneth P. 11/12/2003
** 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.
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