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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