SEC FORM 5

SEC Form 5

FORM 5

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

ANNUAL 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).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

BRAUD MARCEL CLAUDE

(Last)

(First)

(Middle)

Z1 430 ROUTE DE L?AUBINIERE, BP 249

(Street)

ANCENIS, CEDEX

(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)

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

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2005

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 at end of Issuer's Fiscal Year (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)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/14/2005		P4	15,861	A	$24.8974	1,458,513⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/15/2005		P4	13,000	A	$25.0893	1,471,513⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/16/2005		P4	35,500	A	$25.051	1,507,013⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/17/2005		P4	9,150	A	$25.0641	1,516,163⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/18/2005		P4	1,500	A	$25.0667	1,517,663⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/22/2005		P4	11,000	A	$25.0896	1,528,663⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/23/2005		P4	1,424	A	$25.1	1,530,087⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/29/2005		P4	12,565	A	$25.0923	1,542,652⁽¹⁾	I	By Corporation⁽²⁾
Common Stock	11/29/2005		P4	2,749	A	$25.0738	1,545,401⁽¹⁾	I	By Corporation⁽²⁾

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)	4. Transaction Code (Instr. 8)	(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)
Options (Right to Buy) Grant Date: 04/25/05⁽³⁾	$19.8⁽⁴⁾						⁽⁵⁾	04/25/2015	Common Stock	3,000		3,000⁽⁴⁾	D

Explanation of Responses:

1. The amount shown reflects the number of shares held following the reported transaction, as adjusted for a 3-for-2 stock split effectuated by the issuer on August 24, 2005.

2. Represents shares held by Manitou BF S.A. Mr. Braud disclaims beneficial ownership over all such shares in which he does not have a pecuniary interest.

3. These options were granted on the transaction date indicated above to the reporting person under the Gehl Company 2004 Equity Incentive Plan.

4. The amounts and prices shown have been adjusted to reflect a 3-for-2 stock split effectuated by the issuer on August 24, 2005.

5. 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:

	By: Michael J. Mulcahy, Attorney-In-Fact	02/02/2006
	** 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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