Annual Statement of Changes in Beneficial Ownership (5)

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
[ X ] Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Mulligan Gregory F	2. Issuer Name and Ticker or Trading Symbol DOVER SADDLERY INC [DOVR]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 525 GREAT RD	3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) 12/31/2014
(Street) LITTLETON, MA 01460 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form Filed by One Reporting Person ___ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	3/26/2014 ⁽¹⁾	3/26/2014	P4	12840	A	$1.94	12840 ⁽²⁾	D

*Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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 (MM/DD/YYYY)		7. Title and Amount of Securities Underlying Derivative Security (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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option	$7.50						⁽³⁾	10/25/2016	Common Stock	3500		23940 ⁽⁴⁾	D
Non-Qualified Stock Option	$4.50						⁽⁵⁾	11/13/2017	Common Stock	3500		23940 ⁽⁶⁾	D
Non-Qualified Stock Option	$1.24						⁽⁷⁾	11/20/2018	Common Stock	2940		23940 ⁽⁸⁾	D
Non-Qualified Stock Option	$3.10						⁽⁹⁾	11/16/2020	Common Stock	3500		23940 ⁽¹⁰⁾	D
Non-Qualified Stock Option	$3.32						⁽¹¹⁾	11/27/2021	Common Stock	3500		23940 ⁽¹²⁾	D
Non-Qualified Stock Option	$3.59						⁽¹³⁾	11/15/2022	Common Stock	3500		23940 ⁽¹⁴⁾	D
Non-Qualified Stock Option	$4.90						⁽¹⁵⁾	11/19/2023	Common Stock	3500		23940 ⁽¹⁶⁾	D
Non-Qualified Stock Option	$1.94	3/26/2014 ⁽¹⁾	3/26/2014	C4		12840	⁽¹⁷⁾	3/30/2014	Common Stock	12840	$1.94	23940 ⁽²⁾	D

Explanation of Responses:
( 1)	This transaction has been previously reported on a Form 4 in a timely manner.
( 2)	As of 12/31/2014.
( 3)	Granted on 10/26/2006 and vest on anniversary date of grant at rate 20 % per year for five years.
( 4)	As of 12/31/2014, total includes 3,500 Non-Qualified Stock Options as granted in 2006.
( 5)	Granted on 11/14/2007 and vest on anniversary date of grant at rate 20 % per year for five years.
( 6)	As of 12/31/2014, total includes 3,500 Non-Qualified Stock Options as granted in 2007.
( 7)	Granted on 11/21/2008 and vest on anniversary date of grant at rate 20 % per year for five years.
( 8)	As of 12/31/2014, total includes 2,940 Non-Qualified Stock Options as granted in 2008.
( 9)	Granted on 11/17/2010 and vest on anniversary date of grant at rate 20 % per year for five years.
( 10)	As of 12/31/2014, total includes 3,500 Non-Qualified Stock Options as granted in 2010.
( 11)	Granted on 11/28/2011 and vest on anniversary date of grant at rate 20 % per year for five years.
( 12)	As of 12/31/2014, total includes 3,500 Non-Qualified Stock Options as granted in 2011.
( 13)	Granted on 11/16/2012 and vest on anniversary date of grant at rate 20 % per year for five years.
( 14)	As of 12/31/2014, total includes 3,500 Non-Qualified Stock Options as granted in 2012.
( 15)	Granted on 11/20/2013 and vest on anniversary date of grant at rate 20 % per year for five years.
( 16)	As of 12/31/2014, total includes 3,500 Non-Qualified Stock Options as granted in 2013.
( 17)	Immediately

Remarks:
All transactions reported on this Form 5 have been previously reported on Forms 3 and 4 in timely manner.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Mulligan Gregory F 525 GREAT RD LITTLETON, MA 01460	X

Signatures
/s/ Gregory F. Mulligan		2/9/2015
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	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).
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