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^*

MONKS DONALD R

(Last)

(First)

(Middle)

ONE WALL STREET

(Street)

NEW YORK

10286

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BANK OF NEW YORK CO INC [ BK ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SEVP of The Bank of New York

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2003

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 (Par Value $7.50)	07/01/2003		L	V	25.57	A	$27.3733	496,683.35	D
Common Stock (Par Value $7.50)	07/31/2003		L	V	17.84	A	$28.8681	496,701.19	D
Common Stock (Par Value $7.50)	08/01/2003		L	V	24.77	A	$28.2641	496,725.96	D
Common Stock (Par Value $7.50)	09/02/2003		L	V	24.75	A	$28.2782	496,750.71	D
Common Stock (Par Value $7.50)	10/01/2003		L	V	24.5	A	$28.5721	496,775.21	D
Common Stock (Par Value $7.50)	11/06/2003		L		53.42	A	$29.6224	496,828.64	D
Common Stock (Par Value $7.50)	12/01/2003		L		23.86	A	$29.3415	496,852.49	D
Common Stock (Par Value $7.50)	12/16/2003		M		48,000	A	$6.5	544,852.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		5,900	D	$31.35	538,952.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		2,600	D	$31.36	536,352.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		1,400	D	$31.37	534,952.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		34,600	D	$31.38	500,352.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		21,472	D	$31.4	478,880.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		300	D	$31.41	478,580.49	D
Common Stock (Par Value $7.50)	12/16/2003		S		900	D	$31.42	477,680.49	D
Common Stock (Par Value $7.50)	12/16/2003		G		4,800	D	$31.485	472,880.49	D
Common Stock (Par Value $7.50)	12/16/2003		M		34,556	A	$7.4375	507,436.49	D
Common Stock (Par Value $7.50)	12/16/2003		F		18,039	D	$31.54	489,397.49⁽¹⁾	D
Common Stock (Par Value $7.50)								0.00⁽²⁾	I	Daughter-Laura
Common Stock (Par Value $7.50)								1,379.57⁽³⁾	I	Son-Brian

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)
Options	$6.5	12/16/2003		M	V		48,000	03/08/1995	03/08/2004	Common Stock (Par Value $7.50)	48,000	$6.5	1,216,000	D
Options	$7.4375	12/16/2003		M	V		34,556	01/10/1996	01/10/2005	Common Stock (Par Value $7.50)	34,556	$7.4375	1,181,444	D

Explanation of Responses:

1. As of November 30, 2003, reporting person has 76,458.130 stock units in employer's stock fund in The Bank of New York Company, In c. Profit Sharing Plan.

2. The reporting person no longer has a reportable beneficial interest in 1,717 shares of The Bank of New York Company, Inc. common stock owned by daughter, Laura, and included in the reporting person's prior ownership reports.

3. Includes 37.5362 shares purchased through Dividend Reinvestment Plan. Reporting person disclaims beneficial ownership of these s ecurities.

Remarks:

	Donald R. Monks	12/17/2003
	** 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.
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