Sec Form 4 Filing - ZIEMER JAMES L @ HARLEY DAVIDSON INC - 2009-02-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ZIEMER JAMES L
2. Issuer Name and Ticker or Trading Symbol
HARLEY DAVIDSON INC [ HOG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
3700 W. JUNEAU AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
02/12/2009
(Street)
MILWAUKEE, WI53202
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 145,581 D
Common Stock (restricted stock) ( 1 ) 54,614 ( 2 ) D
Common Stock 4,594.7377 I As Custodian for Grandchildren
Common Stock 52,899.48 I By 401(k)
Common Stock 96.5277 I By DRIP
Common Stock 36,600 I By Family Limited Partnership #2
Common Stock 4,500 I By Foundation
Common Stock 21,800 I By Partnership
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 Option (right to buy) ( 1 ) $ 12.3 02/12/2009 A 400,000 02/12/2010( 3 ) 02/12/2019 Common Stock 400,000 $ 0 400,000 D
Restricted Stock Units ( 1 ) ( 4 ) ( 5 ) ( 5 ) Common Stock 57,633 57,633 D
Stock Option (right to buy) ( 6 ) $ 33.5938 02/17/2001( 7 ) 02/16/2010 Common Stock 39,446 39,446 D
Stock Option (right to buy) ( 6 ) $ 44.41 02/08/2002( 7 ) 02/07/2011 Common Stock 31,331 31,331 D
Stock Option (right to buy) ( 6 ) $ 52.095 02/13/2003( 7 ) 02/13/2012 Common Stock 28,045 28,045 D
Stock Option (right to buy) ( 6 ) $ 40.72 02/12/2004( 7 ) 02/11/2013 Common Stock 37,673 37,673 D
Stock Option (right to buy) ( 6 ) $ 52.45 02/10/2005( 7 ) 02/09/2014 Common Stock 30,125 30,125 D
Stock Option (right to buy) ( 1 ) $ 61.205 02/15/2006( 7 ) 02/15/2015 Common Stock 19,245 19,245 D
Stock Option (right to buy) ( 1 ) $ 47.79 05/02/2006( 3 ) 05/02/2015 Common Stock 80,000 80,000 D
Stock Option (right to buy) ( 1 ) $ 51.87 02/15/2007( 3 ) 02/15/2016 Common Stock 70,000 70,000 D
Stock Option (right to buy) ( 1 ) $ 68.91 02/14/2008( 3 ) 02/14/2017 Common Stock 102,000 102,000 D
Stock Option (right to buy) ( 1 ) $ 39.04 02/13/2009( 3 ) 02/13/2018 Common Stock 215,105 215,105 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ZIEMER JAMES L
3700 W. JUNEAU AVENUE
MILWAUKEE, WI53202
X President & CEO
Signatures
Tonit M. Calaway, as power of atty. 02/17/2009
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Granted pursuant to the Harley-Davidson, Inc. 2004 Incentive Stock Plan.
( 2 )Restricted stock granted pursuant to the Harley-Davidson, Inc. 2004 Incentive Stock Plan is subject to forfeiture until completion of a four- or five-year vesting period, except that 50% of the shares that have a four-year vesting period may vest after two years based on performance.
( 3 )Options granted pursuant to the Harley-Davidson, Inc. 2004 Incentive Stock Plan shall become exercisable for 25% of the shares covered by the option on each of the first four anniversaries of the date of grant.
( 4 )1-for-1
( 5 )Restricted stock units granted pursuant to the Harley-Davidson, Inc. 2004 Incentive Stock Plan and deferred under the Harley-Davidson, Inc. Deferred Compensation Plan are subject to forfeiture until completion of a four year vesting period. Fifty percent of the restricted stock units granted may vest after two years based on performance. Restricted stock units are payable in issuer's common stock following termination of employment and are subject to earlier payment pursuant to the Deferred Compensation Plan (units payable in cash in limited circumstances according to that plan).
( 6 )Granted pursuant to the Harley-Davidson, Inc. 1995 Stock Option Plan.
( 7 )All options are currently exercisable.

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