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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Q3xEoPp4UOjvpSVJqUIAjHZX7/VfffGO//kXxIJ2uSBsOoM8gcXAb0mVVBJYFbE1
 1eywzXYtIWkLZqLdhQ9K0w==

<SEC-DOCUMENT>0001209191-03-036501.txt : 20031223
<SEC-HEADER>0001209191-03-036501.hdr.sgml : 20031223
<ACCEPTANCE-DATETIME>20031223161104
ACCESSION NUMBER:		0001209191-03-036501
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031220
FILED AS OF DATE:		20031223

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAL DIVE INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000866829
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				953409686
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		400 N SAM HOUSTON PKWY E
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77060
		BUSINESS PHONE:		2816180400

	MAIL ADDRESS:	
		STREET 1:		400 N SAM HOUSTON PKWY E
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77060

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FERRON MARTIN R
		CENTRAL INDEX KEY:			0001068140

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22739
		FILM NUMBER:		031071273

	BUSINESS ADDRESS:	
		STREET 1:		CAL DINE INTERNATIONAL INC
		STREET 2:		400 N SAM HOUSTON PKWY #400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77060
		BUSINESS PHONE:		2816180400

	MAIL ADDRESS:	
		STREET 1:		30 CHAMPIONS BLVD
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77069
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>boh11142_1mrf.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-12-20</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000866829</issuerCik><issuerName>CAL DIVE INTERNATIONAL INC</issuerName>        <issuerTradingSymbol>CDIS</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001068140</rptOwnerCik><rptOwnerName>FERRON MARTIN R</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1></rptOwnerStreet1><rptOwnerStreet2>SUITE 400</rptOwnerStreet2><rptOwnerCity>HOUSTON</rptOwnerCity><rptOwnerState>TX</rptOwnerState><rptOwnerZipCode>77060</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>PRESIDENT &amp; COO</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivati
veTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-12-20</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>X</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>5000</value></transactionShares><transactionPricePerShare><value>15.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>5000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F1" /></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeHolding><securityTitle><value>Common Stock</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>81394</value></shares
OwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value><footnoteId id="F2" /></directOrIndirectOwnership><natureOfOwnership><value>See Note 2</value></natureOfOwnership></ownershipNature></nonDerivativeHolding></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Call Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>15.00</value></conversionOrExercisePrice><transactionDate><value>2003-12-20</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>C</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>50</value></transactionShares><transactionPricePerShare><value>498.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-12-20</value></exerciseDate><expirationDate><val
ue>2003-12-20</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>5000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">The filing of this statement shall not be deemed an admission that the undersigned is, for purposes of section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the owner of any equity securities  covered by this statement.</footnote><footnote id="F2">Owned by Uncle John Limited Partnership of which the general partner is an entity that Mr. Ferron controls.</footnote></footnotes><ownerSignature><signatureName>/s/ MARTIN R. FERRON</signatureName><signatureDate>20
03-12-22</signatureDate></ownerSignature></ownershipDocument>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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