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* HANCOCK JOHN FINANCIAL SERVICES INC (Last) (First) (Middle) LAW DIVISION PO BOX 111 (Street) BOSTON MA 02117 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SAFEGUARD HEALTH ENTERPRISES INC [ SFGD ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/06/2003
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X 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

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
6% Convertible Notes	$1.75	11/06/2003		P(1)		$4,152,542		(2)	10/31/2013	Common Stock	2,372,881	$4,152,542	$4,152,542(3)	I	By JHLICO(1)
6% Convertible Notes	$1.75	11/06/2003		P(4)		$677,966		(2)	10/31/2013	Common Stock	387,409	$677,966	$677,966(3)	I	By JHVLICO(4)
6% Convertible Notes	$1.75	11/06/2003		P(5)		$169,492		(2)	10/31/2013	Common Stock	96,853	$169,492	$169,492(3)	I	By IPL(5)
Series B Preferred Stock	(6)	12/05/2003		J(7)			369,231	(7)	(7)	Common Stock	369,231	(8)	$0(3)	I	By Bell Atlantic Master Trust(7)
Series D Preferred Stock	(6)	12/05/2003		J(7)			1,015,384	(7)	(7)	Common Stock	1,015,384	(8)	$0(3)	I	By Bell Atlantic Master Trust(7)

1. Name and Address of Reporting Person* HANCOCK JOHN FINANCIAL SERVICES INC (Last) (First) (Middle) LAW DIVISION PO BOX 111 (Street) BOSTON MA 02117 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* HANCOCK JOHN LIFE INSURANCE CO (Last) (First) (Middle) CORPORATE LAW DIVISION T-55 P O BOX 111 (Street) BOSTON MA 02117 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Securities are owned directly by John Hancock Life Insurance Company ("JHLICO"), a direct, wholly-owned subsidiary of John Hancock Financial Services, Inc. ("JHFS").

2. Exercisable Immediately.

3. This number does not include 13,615,385 shares of common stock convertible from Series B Preferred Stock and Series D Preferred Stock held in other accounts.

4. John Hancock Variable Life Insurance Company ("JHVLICO") is a direct, wholly-owned subsidiary of JHLICO.

5. Investors Partner Life Insurance Company is a driect, wholly-owned subsidiary of JHVLICO.

6. The preferred shares are convertible into common stock at a ratio of one share of common stock for each share of preferred stock.

7. JHLICO was deemed the beneficial owner of 369,231 shares of Series B Preferred Stock and 1,015,384 shares of Series D Preferred Stock owned by Mellon Bank, N.A., solely in its capacity as Trustee for Bell Atlantic Master Trust, as to which shares JHLICO had the power to vote and to direct this dispostion. As of December 5, 2003, JHLICO ceased being Trustee of the Bell Atlantic Master Trust.

8. Not applicable.

	/s/Antoniette Ricci, Assistant Secretary	06/30/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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