SEC FORM 4

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CAREY WILLIAM P

(Last)

(First)

(Middle)

C/O W. P. CAREY & CO. LLC

50 ROCKEFELLER PLAZA

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CAREY W P & CO LLC [ WPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2000

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	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	06/29/2000⁽¹⁾		J⁽²⁾		3,846,872	A	$17.25	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Property Advisors
Common Stock	07/04/2000⁽¹⁾		A		18,048	A	$17	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Management LLC
Common Stock	10/01/2000⁽¹⁾		P		26,316	A	$17.56	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Property Advisors
Common Stock	01/01/2002⁽¹⁾		P		54,765.0002	A	$24.32	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Asset Management
Common Stock	01/01/2002⁽¹⁾		S		54,765	D	$24.32	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Asset Management
Common Stock	01/01/2002⁽¹⁾		D		0.0002	D	$24.32	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Asset Management
Common Stock	06/06/2002⁽¹⁾		G		99	D	$22.6	9,847,051.3152⁽³⁾	D
Common Stock	06/06/2002⁽¹⁾		G		100	D	$22.6	9,847,051.3152⁽³⁾	D
Common Stock	07/01/2003⁽¹⁾		S		54,765	D	$29.24	9,847,051.3152⁽³⁾	I⁽⁴⁾	By W. P. Carey International
Common Stock	12/10/2003⁽¹⁾		P		1,100	A	$30.91	9,847,051.3152⁽³⁾	D
Common Stock	03/16/2004⁽¹⁾		P		70,322	A	$30.1	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Asset Management
Common Stock	03/16/2004⁽¹⁾		P		7,975	A	$30.1	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Asset Management
Common Stock	01/01/2002⁽¹⁾		P		7,374	A	$24.32	9,847,051.3152⁽³⁾	I⁽⁴⁾	By Carey Asset Management

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Director and/or Officer at the time of the transactions described in this filing

2. These shares were acquired or surrendered, as the case may be, as a result of the liquidation and distribution of assets of Carey Management as part of the merger between Carey Diversified and W. P. Carey & Co. Inc.

3. Includes 3,924,874 shares held directly, 5,836,506.3152 shares held indirectly by W. P. Carey & Co. Inc. and 85,671 shares held indirectly by Carey Asset Management

4. All of the Reporting Person's indirectly held shares are held by entities either wholly owned or controlled by the Reporting Person.

Remarks:

	/s/ Wm. Polk Carey	04/30/2007
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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