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*
BAXTER JAMESON A

(Last) (First) (Middle)
225 MAIN STREET
P. O. BOX 8003

(Street)
MENASHA WI 54952-8003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BANTA CORP [ BN ]
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)
01/09/2007
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)
Code V Amount (A) or (D) Price
Common Stock 01/09/2007 D 16,375 D $0(1) 0 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom stock units $0 01/09/2007 D 20,467.23 (2) (2) Phantom stock units 20,467.23 $0(3) 0 D
Stock Option $13.34 01/09/2007 D 2,158 10/26/2000 04/26/2010 Common Stock 2,158 $0 0 D
Stock Option $14.86 01/09/2007 D 2,158 10/28/1999 04/27/2009 Common Stock 2,158 $0(4) 0 D
Stock Option $18.07 01/09/2007 D 4,317 10/25/2001 04/25/2011 Common Stock 4,317 $0(4) 0 D
Stock Option $21.49 01/09/2007 D 4,317 10/30/2003 04/30/2013 Common Stock 4,317 $0(4) 0 D
Stock Option $21.81 01/09/2007 D 2,158 10/29/1998 04/28/2008 Common Stock 2,158 $0(4) 0 D
Stock Option $25.52 01/09/2007 D 4,317 10/24/2002 04/24/2012 Common Stock 4,317 $0(4) 0 D
Stock Option $27.54 01/09/2007 D 4,317 10/27/2005 04/27/2015 Common Stock 4,317 $0(4) 0 D
Stock Option $31.83 01/09/2007 D 4,317 10/28/2004 04/28/2014 Common Stock 4,317 $0(4) 0 D
Stock Option $35.33 01/09/2007 D 4,317 10/26/2006 04/26/2016 Common Stock 4,317 $0(4) 0 D
Explanation of Responses:
1. Shares of Common Stock were converted into the right to receive $36.50 per share pursuant to an agreement and plan of merger between the issuer and RR Donnelley (the "Merger").
2. The units will be settled in cash following the reporting person's conclusion of service as a director.
3. Shares of Phantom Stock were converted into the right to receive $36.50 per share pursuant to an agreement and plan of merger between the issuer and RR Donnelley (the "Merger").
4. This option was canceled in the merger pursuant to a cash conversion whereby each share of common stock of the option was converted into the right to receive cash in an amount equal to the product of (i) the number of shares of issuer's common stock subject to the option multiplied by (ii) the amount by which $36.50 exceeds the exercise price of the option.
Ronald D. Kneezel, attorney-in-fact 01/10/2007
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.