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 *
CLARK TERRY L
  2. Issuer Name and Ticker or Trading Symbol
COLLINS INDUSTRIES INC [COLL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP - Operations
(Last)
(First)
(Middle)
C/O COLLINS INDUSTRIES INC, 15 COMPUND DR
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2004
(Street)

HUTCHINSON, KS 67502
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
Collins Industries, Inc. - Common Stock 12/15/2004   M   5,000 A $ 5.125 69,676 D  
Collins Industries, Inc. - Common Stock 12/15/2004   M   800 A $ 4.25 70,476 D  
Collins Industries, Inc. - Common Stock 12/15/2004   M   23,498 A $ 4.375 93,974 D  
Collins Industries, Inc. - Common Stock 12/15/2004   F(1)   19,676 D $ 6.7 74,298 D  
Collins Industries, Inc. - Common Stock 12/15/2004   F(2)   3,989 D $ 6.7 70,309 D  

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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
Stock Option (Right to Buy) $ 5.125 12/15/2004   M     5,000 04/22/1997 11/22/2006 Common Stock 5,000 $ 5.125 75,800 D  
Stock Option (Right to Buy) $ 4.25 12/15/2004   M     800 08/28/1997 02/28/2007 Common Stock 800 $ 4.25 75,000 D  
Stock Option (Right to Buy) $ 4.375 12/15/2004   M     23,498 10/04/1997 04/04/2007 Common Stock 23,498 $ 4.375 51,502 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CLARK TERRY L
C/O COLLINS INDUSTRIES INC
15 COMPUND DR
HUTCHINSON, KS 67502
      Executive VP - Operations  

Signatures

 /s/ Larry W. Sayre, Attorney in Fact for Terry L. Clark under a Limited Power of Attorney dated December 4, 1997   12/15/2004
**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) Exchange of previously held shares for payment of exercise price.
(2) Exchange of previously held shares for payment of taxes.

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