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*
CURLER JEFFREY H

(Last) (First) (Middle)
SUITE 2300
222 S. 9TH ST.

(Street)
MINNEAPOLIS MN 55402-4099

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BEMIS CO INC [ BMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/09/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/14/2004
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 01/09/2004 G(1) 2,500 D $49.26 286,029(15) D
Common Stock 13,557 I 401(k) Plan
Common Stock 01/09/2004 G 400 A $49.26 47,410 I(2) Children
Common Stock 150,000 I(3) 1/6th interest - Limited Partnership Family Trust(3)
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
Common Stock (4) 01/01/1998 A 6,215 12/31/2003(6) 12/31/2003 Common Stock 6,215 (5) 6,215 D
Common Stock (4) 01/01/1999 M 4,022 12/31/2003(7) 12/31/2003 Common Stock 4,022 $49.51 0 D
Common Stock (4) 01/01/2000 A 7,219 12/31/2004(8) 12/31/2004 Common Stock 7,219 (5) 7,219 D
Common Stock (4) 01/01/2001 A 46,421 12/31/2005(9) 12/31/2009 Common Stock 46,421 (5) 46,421 D
Common Stock (4) 01/01/2002 A 20,473 12/31/2006(10) 12/31/2006 Common Stock 20,473 (5) 20,473 D
Common Stock (4) 01/02/2003 A 31,270 12/31/2007(11) 12/31/2007 Common Stock 31,270 (5) 31,270 D
Common Stock $24.625 06/08/1994 A 18,293 (12) 06/08/2004 Common Stock 18,293 (14) 18,293 D
Common Stock $22.0625 12/04/1994 A 10,638 (12) 12/04/1994 Common Stock 10,638 (14) 10,638 D
Common Stock $32.3125 02/22/1996 A 45,432 (12) 02/22/1996 Common Stock 45,432 (14) 45,432 D
Common Stock $44.875 10/07/1997 A 75,000 (12) 10/07/2007 Common Stock 75,000 (14) 75,000 D
Common Stock $37.625 01/01/1999 A 21,676 (12) 12/31/2008 Common Stock 21,676 (14) 21,676 D
Common Stock $34.875 01/01/2000 A 30,563 (12) 12/31/2009 Common Stock 30,563 (14) 30,563 D
Common Stock $37.625 05/03/2000 A 100,000 (12) 05/03/2010 Common Stock 100,000 (14) 100,000 D
Common Stock $33.5625 01/01/2001 A 61,073 (12) 12/31/2010 Common Stock 61,073 (14) 61,073 D
Common Stock $49.18 01/01/2002 A 26,936 (13) 12/31/2011 Common Stock 26,936 (14) 26,936 D
Common Stock $49.63 01/02/2003 A 41,141 (13) 12/31/2012 Common Stock 41,141 (14) 41,141 D
Explanation of Responses:
1. Stock was given as Gift.
2. Reporting Person is Trustee of Trust for one Dependent Child.
3. Reporting Person has an undivided 1/6th interest in a Limited Partnership Family Trust which was established on the transaction date. Reporting Person disclaims beneficial ownership of Bemis Common Stock held by the Family Limited Partnership except to the extent of his 1/6th interest.
4. Security converts to Common Stock on a one-for-one basis on date of conversion.
5. Will know price on the date of conversion.
6. Award under Bemis Performance Based Restricted Stock Award Program exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2003, upon Company achieving certain performance goals.
7. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2003. On January 2, 2004 payout was made, with 1,445 shares withheld for tax purposes, leaving right to receive 2,577 shares.
8. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2004, or if certain performance targets where met by the Company on December 31, 2002. Performance targets were met resulting in the payout of 14,013 shares on February 6, 2003, from which certain shares were withheld for tax purposes, leaving right to receive 7,219 shares.
9. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2005, or if certain performance targets are met by the Company on December 31, 2003.
10. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2006, or if certain performance targets are met by the Company on December 31, 2004.
11. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2007, or if certain performance targets are met by the Company on December 31, 2005.
12. Stock Option (right to buy) pursuant to Stock Option Plan exempt under Rule 16b-3: Option presently exercisable.
13. Stock Option (right to buy) pursuant to Stock Option Plan exempt under Rule 16b-3: Options exercisable in three increments of 33 percent on the first, second and third anniversary of date of grant.
14. Will know price on the date of exercise.
15. Change amount of securities due to addition error from last Filing.
J J Seifert Power of Attorney 01/21/2004
** 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).
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.