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

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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^*

SWARTZ JEFFREY B

(Last)

(First)

(Middle)

200 DOMAIN DRIVE

(Street)

STRATHAM

03885

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
TIMBERLAND CO [ TBL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President and Chief Executive

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2003

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)
Class A Common Stock	08/01/2003		M⁽¹⁾		500	A	$12.53	72,156	D
Class A Common Stock⁽²⁾	08/01/2003		S⁽¹⁾		500	D	$44.4	71,656	D
Class A Common Stock	08/01/2003		M⁽¹⁾		500	A	$12.53	72,156	D
Class A Common Stock⁽²⁾	08/01/2003		S⁽¹⁾		500	D	$44.89	71,656	D
Class A Common Stock	08/01/2003		M⁽¹⁾		1,255	A	$12.53	72,911	D
Class A Common Stock⁽²⁾	08/01/2003		S⁽¹⁾		1,255	D	$44.81	71,656	D
Class A Common Stock	08/01/2003		M⁽¹⁾		1,000	A	$12.53	72,656	D
Class A Common Stock⁽²⁾	08/01/2003		S⁽¹⁾		1,000	D	$44.9	71,656	D
Class A Common Stock								43,602	I	by Spouse⁽³⁾
Class A Common Stock⁽²⁾								2,972,923	I	by Swartz Trust⁽⁴⁾
Class A Common Stock								15,600	I	by self as custodian⁽⁵⁾
Class B Common Stock								32,190	D
Class B Common Stock								91,742	I	by self as custodian⁽⁵⁾

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)
Non-Qualified Stock Option (right to buy)	$12.53	08/01/2003		M⁽¹⁾			500	05/16/2001⁽⁶⁾	05/16/2007	Class A Common Stock	500	$0	9,339	D
Non-Qualified Stock Option (right to buy)	$12.53	08/01/2003		M⁽¹⁾			500	05/16/2001⁽⁶⁾	05/16/2007	Class A Common Stock	500	$0	8,839	D
Non-Qualified Stock Option (right to buy)	$12.53	08/01/2003		M⁽¹⁾			1,255	05/16/2001⁽⁶⁾	05/16/2007	Class A Common Stock	1,255	$0	7,584	D
Non-Qualified Stock Option (right to buy)	$12.53	08/01/2003		M⁽¹⁾			1,000	05/16/2001⁽⁶⁾	05/16/2007	Class A Common Stock	1,000	$0	6,584	D
Non-Qualified Stock Option (right to buy)	$15.19							⁽⁶⁾	02/25/2009	Class A Common Stock	240,000		240,000	D
Non-Qualified Stock Option (right to buy)	$18.03							⁽⁶⁾	02/26/2008	Class A Common Stock	200,000		200,000	D
Non-Qualified Stock Option (right to buy)	$22.75							03/02/2001	03/02/2010	Class A Common Stock	184,000		184,000	D
Non-Qualified Stock Option (right to buy)⁽⁶⁾	$35.48							02/28/2003⁽⁶⁾	02/28/2013	Class A Common Stock	100,000		100,000	D
Non-Qualified Stock Option (right to buy)⁽⁶⁾	$38.97							03/06/2004	03/06/2013	Class A Common Stock	90,000		90,000	D
Non-Qualified Stock Option (right to buy)	$57							03/01/2002⁽⁶⁾	03/01/2011	Class A Common Stock	60,000		60,000	D

Explanation of Responses:

1. Shares sold pursuant to selling plan dated 7/19/02 that is intended to comply with Rule 10b5-1(c).

2. Details of these stock options have been previously reported.

3. Reporting Person's spouse received shares as a gift. Reporting Person disclaims ownership of these shares.

4. The Reporting Person is one of the beneficiaries of The Sidney W. Swartz 1982 Family Trust, which Trust holds 3,142,017 shares of Class A Common Stock.

5. The Reporting Person, as custodian for his sons, Daniel, Samuel and Noah Swartz, under the MA Uniform Gifts to Minors Act, holds the following shares for his sons: 7,800 shares each for Daniel and Samuel Swartz of Class A Common Stock; and 36,354 shares each for Daniel and Samuel Swartz and 17,078 shares for Noah Swartz of Class B Common Stock.

6. These stock options become exercisable in four (4) equal installments, commencing one (1) year after the date of grant.

	By: Danette Wineberg, Attorney-in-Fact For: Jeffrey B. Swartz	08/04/2003
	** 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.
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