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^*

WAGNER ROBERT FRANCIS

(Last)

(First)

(Middle)

C/O BRIGHTPOINT, INC.

501 AIRTECH PARKWAY

(Street)

PLAINFIELD

46168

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BRIGHTPOINT INC [ CELL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2003

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)
Common Stock	09/15/2003		M		856	A	$2.61	11,602⁽¹⁾	D
Common Stock	09/15/2003		M		856	A	$18.74	12,458⁽¹⁾	D
Common Stock	09/15/2003		M		762	A	$4.25	13,220⁽¹⁾	D
Common Stock	09/16/2003		S		800	D	$31.06	12,420⁽¹⁾	D
Common Stock	09/16/2003		S		300	D	$31.02	12,120⁽¹⁾	D
Common Stock	09/16/2003		S		200	D	$31.061	11,920⁽¹⁾	D
Common Stock	09/16/2003		S		600	D	$31.03	11,320⁽¹⁾	D
Common Stock	09/16/2003		S		800	D	$31.051	10,520⁽¹⁾	D
Common Stock	09/16/2003		S		500	D	$31.05	10,020⁽¹⁾	D
Common Stock	09/16/2003		S		100	D	$31.07	9,920⁽¹⁾	D
Common Stock	09/16/2003		S		200	D	$31.033	9,720⁽¹⁾	D
Common Stock	09/16/2003		S		100	D	$31.064	9,620⁽¹⁾	D
Common Stock	09/16/2003		S		1,599	D	$31.01	8,021⁽¹⁾	D

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)
Director Stock Option (right to buy)	$2.61	09/15/2003		M			856	⁽²⁾	04/30/2007	Common Stock	856	$0	0	D
Director Stock Option (right to buy)	$18.74	09/15/2003		M			856	⁽²⁾	01/02/2006	Common Stock	856	$0	0	D
Director Stock Option (right to buy)	$4.25	09/15/2003		M			762	⁽³⁾	04/18/2007	Common Stock	762	$0	1,522	D

Explanation of Responses:

1. The number of shares reported as beneficially owned by the reporting person at the end of the month includes 21 shares held by the reporting person in a joint account with his emancipated son who does not live in the same household as the reporting person. The reporting person disclaims beneficial ownership of these 21 shares and the inclusion of the 21 shares in this report shall not be deemed an admission that the reporting person is the beneficial owner of these 21 shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

2. All 856 of the options had vested on the date of the transaction.

3. A total of 762 of the options had vested as of the date of the reported transaction, with the remaining options vesting in equal installments on April 18, 2004, and 2005.

Remarks:

All share amounts reflected in this Form 4 reflect a 1-7 reverse split of the issuer's common stock effected in June 2002 and a 3-2 split of the issuer's common stock effected in the form of a 50% stock dividend which was paid on August 25, 2003.

	/s/ Steven E. Fivel, Attorney-in-Fact	09/17/2003
	** 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.
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.