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* BOLDT THOMAS J (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) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 04/17/2008
	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	04/17/2008		M		3,000	A	$12.3333	14,437	D
Common Stock	04/17/2008		F		1,956	D	$18.91	12,481	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
Stock Options (Right to Buy)(1)	$12.3333	04/17/2008		M			3,000	04/29/2001(2)	04/29/2008	Common Stock	3,000	$0	0	D
Stock Options (Right to Buy)(3)	$5.6667							04/27/2006(2)	04/27/2013	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(4)	$10.1667							01/17/2005(2)	01/17/2012	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(5)	$10.1667							04/23/2005(2)	04/23/2012	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(6)	$11.5333							04/25/2007(2)	04/25/2014	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(7)	$11.6667							04/21/2002(2)	04/21/2009	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(8)	$12.2917							04/20/2003(2)	04/20/2010	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(9)	$19.8							(10)	04/24/2015	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(11)	$30.84							(10)	04/29/2017	Common Stock	3,000		3,000	D
Stock Options (Right to Buy)(12)	$35.88							(10)	04/30/2016	Common Stock	3,000		3,000	D

Explanation of Responses:

1. These options were granted on 4/30/1998 to the reporting person under the Gehl Company 1995 Stock Option 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.

3. These options were granted on 4/28/2003 to the reporting person under the Gehl Company 2000 Equity Incentive Plan.

4. These options were granted on 1/18/2002 to the reporting person under the Gehl Company 2000 Equity Incentive Plan.

5. These options were granted on 4/24/2002 to the reporting person under the Gehl Company 2000 Equity Incentive Plan.

6. These options were granted on 4/26/2004 to the reporting person under the Gehl Company 2004 Equity Incentive Plan.

7. These options were granted on 4/22/1999 to the reporting person under the Gehl Company 1995 Stock Option Plan.

8. These options were granted on 4/21/2000 to the reporting person under the Gehl Company 2000 Equity Incentive Plan.

9. These options were granted on 4/25/2005 to the reporting person under the Gehl Company 2004 Equity Incentive Plan.

10. 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.

11. These options were granted on 4/30/2007 to the reporting person under the Gehl Company 2004 Equity Incentive Plan.

12. These options were granted on 5/1/2006 to the reporting person under the Gehl Company 2004 Equity Incentive Plan.

Remarks:

	Michael J. Mulcahy, Attorney-in-Fact	04/18/2008
	** 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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