4 1 ben43.htm SEC Form 4
FORM 4

[ ] Check this box if no longer
subject to Section 16. Form 4 or Form
5 obligations may continue.
See Instruction 1(b).
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, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Bennett, Scott     L.

(Last)                      (First)                      (Middle)
1221 Avenue of the Americas


(Street)
New York, NY     10020-1095

(City)                      (State)                      (Zip)

2. Issuer Name and Ticker
    or Trading Symbol

The McGraw-Hill Companies   MHP

3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)
4. Statement for
    (Month/Year)

    February 28, 2003


5. If Amendment,
    Date of Original
    (Month/Year)
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

                        Director                           10% Owner
           X          Officer                             Other

Officer/Other
Description           SVP, Associate General Counsel & Secretary

7. Individual or Joint/Group
    Filing (Check Applicable Line)

X   Individual Filing
      Joint/Group Filing
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security
    (Instr. 3)

2. Transaction Date
    (Month/Day/Year)
3. Transaction
    Code
    and
    Voluntary
    Code
    (Instr. 8)



Code  |  V    
4. Securities Acquired (A) or Disposed (D) Of
    (Instr. 3, 4, and 5)





        Amount      |         A/D         |         Price          
5. Amount of
    Securities
    Beneficially
    Owned at
    End ofMonth

    (Instr. 3 and 4)
6. Owner-
    ship
    Form:
    Direct(D)
    or
    Indirect (I)

    (Instr. 4)
7. Nature of
     Indirect
     Beneficial
     Ownership

    (Instr. 4)
Common Stock
02/28/2003
A (1) |     
843.0000   |           A           |   (3)            

D

Common Stock
02/28/2003
F (2) |     
1,188.0000   |           D           |   (3)                
22,362.0000
D








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).

(over)
SEC 1474 (3-99)

Bennett, Scott L. - February 2003
Form 4 (continued)
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. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
    Security
3. Transaction
    Date

    (Month/
    Day/
    Year)
4. Transaction
    Code
    and
    Voluntary (V)
    Code
    (Instr.8)



Code | V    
5. Number of Derivative
    Securities Acquired (A)
    or Disposed (D) Of

    (Instr. 3,4 and 5)
6. Date Exercisable(DE) and
    Expiration Date(ED)
    (Month/Day/Year)






  (DE)     |     (ED)  
7. Title and Amount of
    Underlying Securities
    (Instr. 3 and 4)
8. Price
    of
    Derivative
    Security
    (Instr.5)
9. Number of
    Derivative
    Securities
    Beneficially
    Owned
    at End of
    Month
    (Instr.4)
10.
Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D)
or
Indirect
(I)
11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr.4)
Options (Right to Buy)
$44.3438


05/04/1999 | 01/02/2004
Common Stock - 2,554.0000
2,554.0000
D

Options (Right to Buy)
$44.3438


05/04/1999 | 01/02/2005
Common Stock - 2,540.0000
2,540.0000
D

Options (Right to Buy)
$44.3438


05/04/1999 | 01/01/2006
Common Stock - 4,202.0000
4,202.0000
D

Options (Right to Buy)
$53.3125


07/12/1999 | 01/01/2007
Common Stock - 4,030.0000
4,030.0000
D

Options (Right to Buy)
$53.3125


07/12/1999 | 01/01/2008
Common Stock - 2,446.0000
2,446.0000
D

Options (Right to Buy)
$55.4062


11/06/1999 | 01/01/2008
Common Stock - 2,386.0000
2,386.0000
D

Options (Right to Buy)
$59.4063


02/03/2001 | 01/01/2008
Common Stock - 4,614.0000
4,614.0000
D

Options (Right to Buy)
$59.4063


02/03/2001 | 01/03/2009
Common Stock - 5,998.0000
5,998.0000
D

Options (Right to Buy)
$64.4200


10/23/2001 | 01/03/2009
Common Stock - 5,736.0000
5,736.0000
D

Options (Right to Buy)
$59.2813


01/03/2001 (4) | 01/02/2010
Common Stock - 7,500.0000
7,500.0000
D

Options (Right to Buy)
$70.4100


11/17/2001 | 01/02/2010
Common Stock - 6,799.0000
6,799.0000
D

Options (Right to Buy)
$59.1300


04/02/2002 (4) | 04/01/2011
Common Stock - 17,500.0000
17,500.0000
D

Options (Right to Buy)
$67.7700


04/01/2003 (4) | 03/31/2012
Common Stock - 18,400.0000
18,400.0000
D












Explanation of Responses :


** 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.

Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB number.
/s/ Scott L. Bennett
________________________________            02-28-2003    
** Signature of Reporting Person                         Date




Page 2
SEC 1474 (3-99)

Bennett, Scott L. - February 2003
Form 4 (continued)
FOOTNOTE Descriptions for The McGraw-Hill Companies MHP

Form 4 - February 2003

Scott L. Bennett
1221 Avenue of the Americas

New York, NY 10020-1095

Explanation of responses:

(1)   Award of stock pursuant to The McGraw-Hill Companies' 1993 Employee Stock Incentive Plan in transaction exempt under and complying with Rule 16b-3.
(2)   Withholding of shares of Common Stock under the McGraw-Hill Companies' 1993 Employee Stock Incentive Plan to satisfy withholding obligation in transaction exempt under and complying with Rule 16b-3.
(3)   Price was determined based on the mean of the high and low trading prices on February 4, 2003, the valuation date.
(4)   The option becomes exercisable 50% on the first anniversary of the grant and 50% on the second anniversary of the grant.
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