-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 V1MdemCP9XY7F/UVpmqTNWmqeROXKlSGEam2l7xKtAh6oGekwz+RVcS6NnuQhHLg
 kdXJ3baQlUgD1b3yTSEvBw==

<SEC-DOCUMENT>0001181431-03-032173.txt : 20031120
<SEC-HEADER>0001181431-03-032173.hdr.sgml : 20031120
<ACCEPTANCE-DATETIME>20031120193148
ACCESSION NUMBER:		0001181431-03-032173
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031120
FILED AS OF DATE:		20031120

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERWOVEN INC
		CENTRAL INDEX KEY:			0001042431
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				943221352
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		C/O INTERWOVEN INC.
		STREET 2:		803 11TH AVENUE
		CITY:			SUNNYVALE
		STATE:			CA
		ZIP:			94089
		BUSINESS PHONE:		4087742000

	MAIL ADDRESS:	
		STREET 1:		C/O INTERWOVEN INC.
		STREET 2:		803 11TH AVENUE
		CITY:			SUNNYVALE
		STATE:			CA
		ZIP:			94089

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PANJWANI MAHMOOD
		CENTRAL INDEX KEY:			0001106606

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27389
		FILM NUMBER:		031016512

	BUSINESS ADDRESS:	
		STREET 1:		C/O IMANAGE
		STREET 2:		950 TOWER LANE #500
		CITY:			FOSTER CITY
		STATE:			CA
		ZIP:			94404
		BUSINESS PHONE:		6505776500

	MAIL ADDRESS:	
		STREET 1:		C/O IMANAGE
		STREET 2:		950 TOWER LANE #500
		CITY:			FOSTER CITY
		STATE:			CA
		ZIP:			94404
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd23522.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-11-20</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001042431</issuerCik>
        <issuerName>INTERWOVEN INC</issuerName>
        <issuerTradingSymbol>IWOV</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001106606</rptOwnerCik>
            <rptOwnerName>PANJWANI MAHMOOD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>803 11TH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SUNNYVALE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94089</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Non-Qualified Stock Option (right to buy)</value></securityTitle><conversionOrExercisePrice><value>15.32</value></conversionOrExercisePrice><transactionDate><value>2003-11-18</value><footnoteId id="F1"/></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>10000</value></transactionShares><transactionPricePerShare><value>15.32</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-11-18</value></exerciseDate><expirationDate><value>2013-11-18</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Com
mon Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>10000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">The option is 100% vested and exercisable on 11/18/2003.</footnote></footnotes><ownerSignature><signatureName>Panjwani Mahmood</signatureName><signatureDate>2003-11-20</signatureDate></ownerSignature></ownershipDocument>



</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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