Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  STEBER RICHARD C
 2. Date of Event Requiring Statement (Month/Day/Year)
02/20/2007		 3. Issuer Name and Ticker or Trading Symbol
GARDNER DENVER INC [GDI]
(Last)
(First)
(Middle)
9 TREFOIL DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP & GM Engrd Products Div
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

TRUMBULL, CT 06611-1330		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 24,284
D
 
Common Stock 4,709 (1)
I
401K and Excess Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right-to-buy)   (2) 02/19/2014 Common Stock 2,000 $ 35.7 D  
Employee Stock Option (Right-to-buy)   (3) 02/20/2013 Common Stock 8,200 $ 30.58 D  
Employee Stock Option (Right-to-buy)   (4) 02/21/2012 Common Stock 14,000 $ 20.09 D  
Employee Stock Option (Right-to-buy)   (5) 02/23/2011 Common Stock 8,340 $ 14.51 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STEBER RICHARD C
9 TREFOIL DRIVE
TRUMBULL, CT 06611-1330		       VP & GM Engrd Products Div  

Signatures

/s/Tracy D. Pagliara 03/01/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) The reporting person acquired shares under the Company's Retirement Savings Plan, a 401(k) plan, and the related Supplemental Excess Defined Contribution Plan. The information reported herein is based on a report dated 2/28/2007 from the Plan's record keeper, JPMorgan.
(2) The options, granted under the Company's Long-Term Incentive Plan, as amended, are exerciseable in cumulative increments of one-third each on 2/19/08, 2/19/09 and 2/19/10.
(3) The options, granted under the Company's Long-Term Incentive Plan, as amended, are exerciseable in cumulative increments of one-third each on 2/20/07, 2/20/08 and 2/20/09.
(4) The options, granted under the Company's Long-Term Incentive Plan, as amended, were exercisable in cumulative increments of one-third each on 2/21/06, 2/21/07 and 2/21/08. Of the outstanding options remaining under this grant, 7,000 options became exercisable on 2/21/07 and 7,000 options will become exerciseable as of 2/21/08.
(5) The options, granted under the Company's Long-Term Incentive Plan, as amended, were exercisable in cumulative increments of one-third each on 2/23/05, 2/23/06 and 2/23/07. Of the outstanding options remaining under this grant, 2,340 options became exercisable on 2/23/06 and 6,000 options became exerciseable as of 2/23/07.
 
Remarks:
Exhibit List:  Exhibit 24 Power of Attorney dated February 20, 2007.

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