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*
ROSE GARY R
(Last) (First) (Middle)
2711 N. HASKELL AVE.
(Street)
DALLAS TX 75204
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
7 ELEVEN INC [ SE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/01/2004
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)
Code V Amount (A) or (D) Price
Common Stock 15,526(1) D
Common Stock 12/01/2004 M 18,000 A $9.38 31,462 D
Common Stock 12/01/2004 S 11,073 D $23.9313(2) 20,389 D
Common Stock 12/01/2004 M 6,288 A $9.53 26,677 D
Common Stock 12/01/2004 S 3,894 D $23.9313(2) 22,783 D
Common Stock 12/02/2004 M 9,712 A $9.53 32,495 D
Common Stock 12/02/2004 S 6,055 D $23.5349(2) 26,440 D
Common Stock 12/02/2004 M 2,444 A $12.35 28,884 D
Common Stock 12/02/2004 S 1,711 D $23.5349(2) 27,173 D
Common Stock 12/03/2004 M 9,156 D $12.35 36,329 D
Common Stock 12/03/2004 S 6,449 D $23.226(2) 29,880(3) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options $16.21 01/21/2005 01/21/2014 Common Stock 70,000 70,000 D
Employee Stock Options $6.88 03/07/2004 03/07/2013 Common Stock 84,000 84,000 D
Employee Stock Options $9.12 04/24/2003 04/24/2012 Common Stock 84,000 84,000 D
Employee Stock Options $10.92 05/14/2002 05/14/2011 Common Stock 40,000 40,000 D
Employee Stock Options $19 05/23/2001 05/23/2010 Common Stock 63,816 63,816 D
Employee Stock Options $9.38 12/01/2004 M 18,000 10/08/2000 10/08/2009 Common Stock 18,000 $9.38 0 D
Employee Stock Options $9.53 12/01/2004 M 6,288 10/14/1999 10/14/2008 Common Stock 6,288 $9.53 9,712 D
Employee Stock Options $9.53 12/02/2004 M 9,712 10/14/1999 10/14/2008 Common Stock 9,712 $9.53 0 D
Employee Stock Options $12.35 12/02/2004 M 2,444 11/12/1998 11/12/2007 Common Stock 2,444 $12.35 9,156 D
Employee Stock Options $12.35 12/03/2004 M 9,156 11/12/1998 11/12/2007 Common Stock 9,156 $12.35 0 D
Explanation of Responses:
1. Represents the number of Restricted Stock Units, each convertible into one share of the Issuer's Common Stock on the first day of the month following the Reporting Person's separation from employment with the Issuer, that have been awarded to the Reporting Person under the Issuer's 1995 Stock Incentive Plan as part of the Reporting Person's Annual Performance Incentive for 2003 and 2004.
2. The listed number of shares were sold pursuant to a Rule 10b5-1 sales plan. In connection with the exercise of certain stock options granted in 1997, 1998, and 1999, the Reporting Person (i) sold the number of shares necessary to pay fees, commissions, any applicable transfer and withholding taxes and the exercise price of the options exercised and (ii) retained the remaining shares.
3. The listed number of shares includes (i) 200 shares held directly, (ii) 1,290 shares held for the benefit of the Reporting Person in an account with the administrator off the Issuer's Employee Stock Purchase Plan, Computershare Investor Services LLC, (iii) 10,000 shares of stock granted to the Reporting Person under the Issuer's 1995 Stock Incentive Plan on April 24, 2002 and (iv) 18,390 shares acquired pursuant to stock option exercises under the Issuer's 1995 Stock Incentive Plan.
David T. Fenton, Attorney-in-fact 12/03/2004
** 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).
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