Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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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1. Name and Address of Reporting Person *
BUTLER JOHN C JR
2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [NC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) __X__ Other (specify below)
VP-Corp Dev and Treasurer / Member of a Group
(Last)
(First)
(Middle)

NACCO INDUSTRIES, INC., 5875 LANDERBROOK DRIVE, STE. 300
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2010
(Street)


MAYFIELD HEIGHTS, OH 44124
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Class A Common Stock 07/02/2010   G 504 A $ 0 6,887 I By RAII (1)
Class A Common Stock 07/02/2010   G 504 A $ 0 6,887 I By RAII/Child 1 (2)
Class A Common Stock 07/02/2010   G 504 A $ 0 7,043 I By RAII/Child 2 (2)
Class A Common Stock 07/02/2010   G 504 A $ 0 9,161 I By RAII/Spouse (3)
Class A Common Stock 07/02/2010   G 252 A $ 0 9,665 I By RAII/Spouse (3)
Class A Common Stock 11/26/2010   G 1,826 A $ 0 11,491 I By RAII/Spouse (3)
Class A Common Stock             2,252 I By Trust-Child 1 (6)
Class A Common Stock             2,097 I By Trust-Child 2 (6)
Class A Common Stock             39,162 I By Spouse/Trust (7)
Class A Common Stock             2,800 I By IRA (8)
Class A Common Stock             11,912 I By Trust (9)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock   11/26/2010   G 30,492     (4)   (4) Class A Common Stock
30,492
$ 0 30,492
I
By Spouse/RAI (5)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BUTLER JOHN C JR
NACCO INDUSTRIES, INC.
5875 LANDERBROOK DRIVE, STE. 300
MAYFIELD HEIGHTS, OH 44124
      VP-Corp Dev and Treasurer Member of a Group

Signatures

/s/Suzanne S. Taylor, attorney-in-fact 02/14/2011
**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) Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P.-------
(2) Represents the Reporting Person's child's proportionate limited partnership interests in shares held by Rankin Associates II, L.P .. Reporting Person disclaims beneficial ownership of all such shares.
(3) Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L.P.-------
(4) N/A
(5) Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates I, L.P.-------
(6) Held by Trust, John C. Butler, Jr., Trustee, for the benefit of Reporting Person's minor child. Reporting Person disclaims beneficial ownership of all such shares.
(7) Held by Trust for the benefit of Reporting Person's Spouse. Reporting Person disclaims beneficial ownership of all such shares.
(8) Held in an Individual Retirement Account for the benefit of the Reporting Person.
(9) Reporting Person serves as Trustee with National City Bank of the J.C. Butler, Jr. Revocable Trust.
 
Remarks:
"Remark on Insider relationship to Issuer" As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement"), the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.

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