Ownership Submission
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 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 *
KRAUS TIMOTHY J
   2. Issuer Name and Ticker or Trading Symbol
MANITOWOC CO INC [MTW] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President Foodservice Group
(Last)
(First)
(Middle)
2400 SOUTH 44TH STREET		 3. Date of Earliest Transaction (Month/Day/Year)
03/15/2006
(Street)

MANITOWOC, WI 54221-0066		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 03/15/2006   M   216 A $ 19.5 15,910.5171 D  
Common Stock 03/15/2006   M   56 A $ 19.5 15,966.5171 D  
Common Stock 03/15/2006   M   3,038 A $ 25.5833 19,004.5171 D  
Common Stock 03/15/2006   M   94 A $ 25.5833 19,098.5171 D  
Common Stock 03/15/2006   M   5,100 A $ 30.5417 24,198.5171 D  
Common Stock 03/15/2006   M   2,400 A $ 30.5417 26,598.5171 D  
Common Stock 03/15/2006   F/K   4,038 D $ 70.81 22,560.5171 D  
Common Stock               14,441.834 (1) I RSVP 401k Plan

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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 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
Emp StockOption (right to buy) $ 19.5 03/15/2006   M     216 10/17/2002 10/17/2010 Common Stock 216 $ 19.5 56 D  
Emp StockOption (right to buy) $ 19.5 03/15/2006   M     56 10/17/2002 10/17/2010 Common Stock 56 $ 19.5 0 D  
Emp StockOption (right to buy) $ 25.5833 03/15/2006   M     3,038 02/16/2001 02/16/2009 Common Stock 3,038 $ 25.5833 94 D  
Emp StockOption (right to buy) $ 25.5833 03/15/2006   M     94 02/16/2001 02/16/2009 Common Stock 94 $ 28.5833 0 D  
Emp StockOption (right to buy) $ 30.5417 03/15/2006   M     2,400 05/05/2000 05/05/2008 Common Stock 2,400 $ 30.5417 5,100 D  
Emp StockOption (right to buy) $ 30.5417 03/15/2006   M     5,100 05/05/2000 05/05/2008 Common Stock 5,100 $ 30.5417 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KRAUS TIMOTHY J
2400 SOUTH 44TH STREET
MANITOWOC, WI 54221-0066		       President Foodservice Group  

Signatures

 Maurice D. Jones, by Power of Attorney   03/16/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Consists of shares held under the Company's 401(k) plan, The Manitowoc Company, Inc. RSVP Profit Sharing Plan, including 183.9231 shares acquired in transactions occurring between 12/31/04 and 12/31/05, which are exempt from Section 16(b) pursuant to Rule 16b-3 and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The information in this report is based on a plan statement dated as of 12/31/05. From time to time the plan administrator collects maintenance fees related to the RSVP Plan, which may result in the number of shares held by a participant in the RSVP Plan declining by a marginal amount.

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