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^*

DAVIS ALBERT K

(Last)

(First)

(Middle)

1512 HAMILTON STREET

(Street)

WAUSAU

54403

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
WAUSAU MOSINEE PAPER CORP [ WMO ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP Specialty Paper Group

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2003

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)
No Par Value Common Stock	08/15/2003		J⁽¹⁾	V	1.039	A	$12.5069	1,186.8587	D

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)
Common Stock Option (Right to Buy)	$12.68	08/19/1991		A	V	14,668		08/18/1994	08/19/2011	Common Stock	14,668	$0	14,668	D
Common Stock Option (Right to Buy)	$13.13	02/19/1992		A	V	2,444		09/20/1994	02/19/2012	Common Stock	2,444	$0	2,444	D
Common Stock Option (Right to Buy)	$18.5	09/01/1995		A	V	6,250		03/01/1996	09/01/2015	Common Stock	6,250	$0	6,250	D
Common Stock Option (Right to Buy)	$18.5	10/18/1995		A	V	3,125		09/19/1996	10/18/2015	Common Stock	3,125	$0	3,125	D
Common Stock Option (Right to Buy)	$17.69	10/16/1996		A	V	2,000		09/17/1997	10/16/2016	Common Stock	2,000	$0	2,000	D
Common Stock Option (Right to Buy)	$9.31	10/10/2000		A	V	71,513		10/19/2001	10/10/2020	Common Stock	71,513	$0	71,513	D
Common Stock Option (Right to Buy)	$10.71	01/29/2003		A			12,000	01/29/2003	12/13/2021	Common Stock	12,000	$0	6,000	D
Common Stock Option (Right to Buy)	$11.39⁽²⁾	12/12/2002		A		18,000		08/08/1988⁽²⁾	12/12/2022⁽²⁾	Common Stock	18,000	$0	18,000⁽²⁾	D⁽²⁾
Dividend Equivalents	$12.28⁽³⁾	08/15/2003⁽³⁾		A		16.2⁽³⁾		08/08/1988⁽³⁾	10/15/2016	Common Stock	16.2⁽³⁾	$0	2,355.6	D

Explanation of Responses:

1. Acquired under Dividend Reinvestment Plan.

2. Number of shares to which option is exercisable is subject to satisfaction of certain performance criteria. Options are exercisable on date on which audited financial results for the fiscal year ending 12/31/03 are reported by the Company.

3. Accruals on dividend record dates. Value of dividend equivalents paid in cash only at earlier of termination of employment or exercise of certain options.

Remarks:

	Sherri L. Craker, Attorney-in-Fact	09/03/2003
	** 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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