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CATERPILLAR INC Director's Dealing 2011

May 2, 2011

29780_dirs_2011-05-02_926486b9-3702-4646-8903-e855cdb1e3f1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CATERPILLAR INC (CAT)
CIK: 0000018230
Period of Report: 2011-04-29

Reporting Person: GALLARDO JUAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-11 Common M 8000 $22.755 Acquired 230860 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-29 Phantom Stock Units $ A 108 Acquired Common (108) Direct

Footnotes

F1: Security converts to common stock on a one-for-one basis.

F2: The phantom stock units were accrued under the Caterpillar Inc. director's deferred compensation plan and are to be settled 100% in cash upon the reporting person's retirement. The stock was acquired in April 2011 at a price of $115.4000 per share.