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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

WULF GENE C

(Last)

(First)

(Middle)

ONE NEENAH CENTER, 4TH FLOOR

P.O. BOX 669

(Street)

NEENAH

54957

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2007

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)
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	06/12/2007		M		8,699⁽⁹⁾	A	$32.13	60,192	D
Common Stock	12/31/2006		J		58	A	⁽¹⁾	11,403	I	401(k) Plan
Common Stock	03/31/2007		J		164	A	⁽¹⁾	11,567	I	401(k) Plan

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	⁽²⁾	01/02/2003		A		18,304		12/31/2007⁽⁴⁾	12/31/2007	Common Stock	18,304	⁽³⁾	18,304	D
Common Stock	⁽²⁾	01/28/2004		A		32,000		12/31/2008⁽⁵⁾	12/31/2008	Common Stock	32,000	⁽³⁾	32,000	D
Common Stock	⁽²⁾	01/01/2005		A		35,000		12/31/2009⁽⁶⁾	12/31/2009	Common Stock	35,000	⁽³⁾	35,000	D
Common Stock	⁽²⁾	01/02/2006		A		37,000		12/31/2010⁽⁷⁾	12/31/2010	Common Stock	37,000	⁽³⁾	37,000	D
Common Stock	⁽²⁾	01/03/2007		A		31,000		12/31/2011⁽⁸⁾	12/31/2011	Common Stock	31,000	⁽³⁾	31,000	D
Common Stock	$22.4375	10/07/1997	06/12/2007	M			50,000⁽⁹⁾	⁽¹⁰⁾	10/07/2007	Common Stock	50,000	⁽¹¹⁾	0	D
Common Stock	$18.8125	01/01/1999		A		9,710		⁽¹⁰⁾	12/31/2008	Common Stock	9,710	⁽¹¹⁾	9,710	D
Common Stock	$17.4375	01/01/2000		A		12,500		⁽¹⁰⁾	12/31/2009	Common Stock	12,500	⁽¹¹⁾	12,500	D
Common Stock	$16.7813	01/01/2001		A		21,414		⁽¹⁰⁾	12/31/2010	Common Stock	21,414	⁽¹¹⁾	21,414	D
Common Stock	$24.59	01/01/2002		A		14,176		⁽¹⁰⁾	12/31/2011	Common Stock	14,176	⁽¹¹⁾	14,176	D
Common Stock	$24.815	01/02/2003		A		24,082		⁽¹⁰⁾	12/31/2012	Common Stock	24,082	⁽¹¹⁾	24,082	D

Explanation of Responses:

1. No price necessary for Edgar Filing - Company 401(k) Plan.

2. Security converts to Common Stock on a one-for-one basis on date of conversion.

3. Will know price on the date of conversion.

4. 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.

5. 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, 2008, or if certain performance targets are met by the Company on December 31, 2006.

6. 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, 2009, or if certain performance targets are met by the Company on December 31, 2007.

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, 2010, or if certain performance targets are met by the Company on December 31, 2008.

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, 2011, or if certain performance targets are met by the Company on December 31, 2009.

9. Exercise of option to purchase 50,000 shares. Reporting person attested to ownership of 35,038 shares to cover the cost of exercise and requested the Company to use 6,263 shares to cover withholding taxes, resulting in the issuance of 8,699 shares to Reporting Person.

10. Stock Option (right to buy) pursuant to Stock Option Plan exempt under Rule 16b-3: Options presently exercisable.

11. Will know price on the date of exercise.

	J J Seifert Power of Attorney	06/13/2007
	** 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.