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*
CURLER JEFFREY H

(Last) (First) (Middle)
SUITE 2300
222 S. 9TH ST.

(Street)
MINNEAPOLIS MN 55402-4099

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BEMIS CO INC [ BMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2006
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 01/27/2006 M 24,345(12) A $16.1563 679,389 D
Common Stock 28,696 I(1) 401(k) Plan
Common Stock 96,320 I(2) Children
Common Stock 300,000 I(3) 1/6th interest - Limited Partnership Family Trust(3)
Common Stock 258,500 I(4) Trustee Parental Trust
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
Common Stock (5) 01/01/2002 A 37,957 12/31/2006(7) 12/31/2006 Common Stock 37,957 (6) 37,957 D
Common Stock (5) 01/02/2003 A 62,540 12/31/2007(8) 12/31/2007 Common Stock 62,540 (6) 62,540 D
Common Stock (5) 01/28/2004 A 106,000 12/31/2008(9) 12/31/2008 Common Stock 106,000 (6) 106,000 D
Common Stock (5) 01/01/2005 A 123,000 12/31/2009(10) 12/31/2009 Common Stock 123,000 (6) 123,000 D
Common Stock (5) 01/02/2006 A 130,000 12/31/2010(11) 12/31/2010 Common Stock 130,000 (6) 130,000 D
Common Stock $16.1563 02/22/1996 01/27/2006 M 90,864(12) (13) 02/22/2006 Common Stock 90,864 (14) 0 D
Common Stock $22.4375 10/07/1997 A 150,000 (13) 10/07/2007 Common Stock 150,000 (14) 150,000 D
Common Stock $18.8125 01/01/1999 A 43,352 (13) 12/31/2008 Common Stock 43,352 (14) 43,352 D
Common Stock $17.4375 01/01/2000 A 61,126 (13) 12/31/2009 Common Stock 61,126 (14) 61,126 D
Common Stock $18.8125 05/03/2000 A 200,000 (13) 05/03/2010 Common Stock 200,000 (14) 200,000 D
Common Stock $16.7813 01/01/2001 A 122,146 (13) 12/31/2010 Common Stock 122,146 (14) 122,146 D
Common Stock $24.59 01/01/2002 A 53,872 (13) 12/31/2011 Common Stock 53,872 (14) 53,872 D
Common Stock $24.815 01/02/2003 A 82,282 (13) 12/31/2012 Common Stock 82,282 (14) 82,282 D
Explanation of Responses:
1. No price necessary for Edgar Filing - Company 401(k) Plan.
2. Reporting Person is Trustee of Trust for one Dependent Child.
3. Reporting Person has an undivided 1/6th interest in a Limited Partnership Family Trust which was established December 2000. Reporting Person disclaims beneficial ownership of Bemis Common Stock held by the Family Limited Partnership except to the extent of his 1/6th interest.
4. Reporting Person is Trustee for Parental Trust. Reporting Person is a Trustee relative to these shares and was not timely notified by a brokering agent of the transaction.
5. Security converts to Common Stock on a one-for-one basis on date of conversion.
6. Will know price on the date of conversion.
7. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2006, or if certain performance targets are met by the Company on December 31, 2004. Performance targets were met resulting in a payout on February 2, 2005, leaving right to receive 37,957 shares.
8. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2007, or if certain performance targets are met by the Company on December 31, 2005.
9. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2008, or if certain performance targets are met by the Company on December 31, 2006.
10. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2009, or if certain performance targets are met by the Company on December 31, 2007.
11. Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2010, or if certain performance targets are met by the Company on December 31, 2008.
12. Exercise of option to purchase 90,864 shares. Reporting Person attested to ownership of 48,005 shares to cover the cost of exercise and requested the Company to use 18,514 shares to cover withholding taxes, resulting in the issuance of 24,345 shares to Reporting Person.
13. Stock Option (right to buy) pursuant to Stock Option Plan exempt under Rule 16b-3: Option presently exercisable..
14. Will know the price on the date of exercise.
J J Seifert Power of Attorney 01/31/2006
** 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.