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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001072613-10-000534.txt : 20100512
<SEC-HEADER>0001072613-10-000534.hdr.sgml : 20100512
<ACCEPTANCE-DATETIME>20100512104321
ACCESSION NUMBER:		0001072613-10-000534
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100510
FILED AS OF DATE:		20100512
DATE AS OF CHANGE:		20100512

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TRUSTEES OF GENERAL ELECTRIC PENSION TRUST
		CENTRAL INDEX KEY:			0000902967
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34728
		FILM NUMBER:		10822983

	BUSINESS ADDRESS:	
		STREET 1:		3003 SUMMER STREET
		STREET 2:		P O BOX 7900
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-7900
		BUSINESS PHONE:		2033262300

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			G E ASSET MANAGEMENT INC
		CENTRAL INDEX KEY:			0000936839
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34728
		FILM NUMBER:		10822982

	BUSINESS ADDRESS:	
		STREET 1:		3003 SUMMER STREET
		STREET 2:		P O BOX 7900
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-7900
		BUSINESS PHONE:		2033262300

	FORMER NAME:	
		FORMER CONFORMED NAME:	G E INVESTMENT MANAGEMENT INC
		DATE OF NAME CHANGE:	19950203

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DOUGLAS DYNAMICS, INC
		CENTRAL INDEX KEY:			0001287213
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION MACHINERY & EQUIP [3531]
		IRS NUMBER:				134275891
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		7777 NORTH 73RD ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53233
		BUSINESS PHONE:		414-362-3940

	MAIL ADDRESS:	
		STREET 1:		7777 NORTH 73RD ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53233

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOUGLAS DYNAMICS HOLDINGS INC
		DATE OF NAME CHANGE:	20040415
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>gepensiontrust4-051010_16748.xml
<DESCRIPTION>FORM 4 - TRUSTEES OF GE PENSION TRUST
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-05-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001287213</issuerCik>
        <issuerName>DOUGLAS DYNAMICS, INC</issuerName>
        <issuerTradingSymbol>PLOW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000902967</rptOwnerCik>
            <rptOwnerName>TRUSTEES OF GENERAL ELECTRIC PENSION TRUST</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3001 SUMMER STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06905</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000936839</rptOwnerCik>
            <rptOwnerName>G E ASSET MANAGEMENT INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3001 SUMMER STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>COMMON STOCK</value>
            </securityTitle>
            <transactionDate>
                <value>2010-05-10</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>509335</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.49</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1687540</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Sold as part of the initial public offering of the issuer's common stock, as described in the prospectus dated May 4, 2010 (File No. 333-164590).</footnote>
        <footnote id="F2">Consists of shares held directly by General Electric Pension Trust (&quot;GEPT&quot;) as to which it has 100% pecuniary interest. GE Asset Management Incorporated (&quot;GEAM&quot;) is the investment manager of GEPT. GEAM shares voting and dispositive power over the shares herein reported and may be deemed to be the beneficial owner of such shares for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended. GEAM has no pecuniary interest in such shares and reports no shares owned.</footnote>
    </footnotes>

    <remarks>GEPT and GEAM may be deemed to beneficially own more than number of the issuer's outstanding common stock disclosed above based upon GEPT being part of a &quot;group&quot; as described in Rule 13d-5(b) of the Securities Exchange Act of 1934, as amended, by virtue of being a party to that certain Second Amended and Restated Securityholders Agreement, as amended, filed as Exhibit 10.38 to the issuer's Registration Statement on Form S-1 (File No. 333-164590). GEPT and GEAM each disclaim beneficial ownership of all securities other than those reported above, and this report shall not be deemed an admission that such a group exists or that any reporting person is the beneficial owner of the securities of such group for purposes of Section 16 or for any other purpose.</remarks>

    <ownerSignature>
        <signatureName>By: /s/ Michael M. Pastore, Senior Vice President and Deputy General Counsel, GE Asset Management, Investment Manager of Trustees of General Electric Pension Trust</signatureName>
        <signatureDate>2010-05-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: /s/ Michael M. Pastore, Senior Vice President and Deputy General Counsel, GE Asset Management</signatureName>
        <signatureDate>2010-05-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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