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^*

JOHNSON ARTHUR E

(Last)

(First)

(Middle)

70 VALLEY STREAM PARKWAY

(Street)

MALVERN

19355

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
IKON OFFICE SOLUTIONS INC [ IKN ]

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)
09/15/2004

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⁽¹⁾	09/10/2004		J⁽²⁾	V	3	A	$12.06	5,017	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)
Deferred Stock Units⁽³⁾	$0⁽³⁾	09/15/2004		A⁽³⁾	V	210		08/08/1988⁽³⁾	08/08/1988⁽³⁾	Common Stock	210	$11.92	27,253	D
Non-Qualified Stock Option (right to buy)	$3.225							02/21/2002	02/21/2021	Common Stock	27,907		27,907	D
Non-Qualified Stock Option (right to buy)	$4.3							02/21/2001	02/21/2011	Common Stock	7,000		7,000	D
Non-Qualified Stock Option (right to buy)	$4.7344							02/23/2001	02/23/2020	Common Stock	19,010		19,010	D
Non-Qualified Stock Option (right to buy)	$6.3125							02/23/2000	02/23/2010	Common Stock	7,000		7,000	D
Non-Qualified Stock Option (right to buy)	$7.16							02/25/2003	02/25/2013	Common Stock	12,111		12,111	D
Non-Qualified Stock Option (right to buy)	$9.15							06/03/2002	06/03/2012	Common Stock	5,128		5,128	D
Non-Qualified Stock Option (right to buy)⁽⁴⁾	$9.625							10/20/2000	10/20/2009	Common Stock	25,000		25,000	D
Non-Qualified Stock Option (right to buy)	$9.765							02/26/2003	02/26/2022	Common Stock	3,379		3,379	D
Non-Qualified Stock Option (right to buy)	$11.22							02/24/2004	02/24/2014	Common Stock	5,843		5,843	D
Non-Qualified Stock Option (right to buy)	$13.02							02/26/2002	02/26/2012	Common Stock	2,333		2,333	D

Explanation of Responses:

1. A total of 1,401 of the shares directly held are subject to vesting requirements. Full beneficial ownership of some or all of these shares may not fully vest in reporting person.

2. Securities purchased pursuant to a dividend reinvestment plan. Exempt transaction pursuant to Rule 16a-11.

3. The deferred stock units were acquired pursuant to the issuer's Amended and Restated 2000 Non-Employee Director's Compensation Plan (the "Plan"). The deferred stock units are to be settled (at a rate of one unit for one share) in the issuer's common stock upon the reporting person's termination or retirement or as otherwise described in the Plan. The 8/8/88 date reflected in column 6 (Table II) is an arbitrary date established by the SEC to support electronic filing. Exempt transaction pursuant to Rule 16b-3(d).

4. Stock Option vests 20% per year beginning one year from the date of grant.

	By: Maryanne Messenger, Power of Attorney For: Arthur E. Johnson	09/16/2004
	** 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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