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^*

Austen William F.

(Last)

(First)

(Middle)

ONE NEENAH CENTER, 4TH FLOOR

P.O. BOX 669

(Street)

NEENAH

54957

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2010

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	01/04/2010		M		24,180⁽⁵⁾	A	$30.01	70,244	D
Common Stock	01/04/2010		M		16,321⁽⁶⁾	A	$30.01	86,565	D
Common Stock	03/31/2009		J		136	A	⁽¹⁾	1,561	I	401(k) Plan
Common Stock	06/30/2009		J		136	A	⁽¹⁾	1,697	I	401(k) Plan
Common Stock	09/30/2009		J		48	A	⁽¹⁾	1,745	I	401(k) Plan
Common Stock	12/31/2009		J		13	A	⁽¹⁾	1,758	I	401(k) Plan
Common Stock								6,370	I⁽²⁾	Children's 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)
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)
Common Stock	⁽³⁾	01/01/2004	01/04/2010	M			40,000	12/31/2009⁽⁵⁾	12/31/2009	Common Stock	40,000	⁽⁴⁾	0	D
Common Stock	⁽³⁾	01/01/2005	01/04/2010	M			27,000	12/31/2009⁽⁶⁾	12/31/2009	Common Stock	27,000	⁽⁴⁾	0	D
Common Stock	⁽³⁾	01/02/2006		A		29,000		12/31/2010⁽⁷⁾	12/31/2010	Common Stock	29,000	⁽⁴⁾	29,000	D
Common Stock	⁽³⁾	01/03/2007		A		26,000		12/31/2011⁽⁸⁾	12/31/2011	Common Stock	26,000	⁽⁴⁾	26,000	D
Common Stock	⁽³⁾	01/02/2008		A		27,000		12/31/2012⁽⁹⁾	12/31/2012	Common Stock	27,000	⁽⁴⁾	27,000	D
Common Stock	⁽³⁾	01/13/2009		A		11,719		12/31/2011⁽¹⁰⁾	12/31/2011	Common Stock	11,719	⁽⁴⁾	11,719	D
Common Stock	⁽³⁾	01/13/2009		A		13,985		12/31/2013⁽¹¹⁾	12/31/2013	Common Stock	13,985	⁽⁴⁾	13,985	D
Common Stock	⁽³⁾	01/01/2010		A		14,604		12/31/2012⁽¹²⁾	12/31/2012	Common Stock	14,604	⁽⁴⁾	14,604	D
Common Stock	⁽³⁾	01/01/2010		A		14,604		12/31/2014⁽¹³⁾	12/31/2014	Common Stock	14,604	⁽⁴⁾	14,604	D

Explanation of Responses:

1. No price necessary for Edgar Filing - Company 401(k) Plan.

2. Reporting Person is Trustee of Revocable Trust Accounts for two Children.

3. Security converts to Common Stock on a one-for-one basis on date of conversion.

4. Will know the price on the date of conversion.

5. Award granted January 1, 2004 under Bemis Stock Award Program exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2009. Payout was made on January 4, 2010 with 15,820 shares withheld for tax purposes, leaving right to receive 24,180 shares.

6. 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. Payout was made on January 4, 2010 with 10,679 shares withheld for tax purposes, leaving right to receive 16,321 shares.

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, 2010, or if certain performance targets are met by the Company on December 31, 2008.

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, 2011, or if certain performance targets are met by the Company on December 31, 2009.

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, 2012, or if certain performance targets are met by the Company on December 31, 2010.

10. Award under Bemis Performance Based Restricted Stock Award Program exempt under Rule 16b-3: Grant to Reporting Person of right to receive Performance Stock Units as of December 31, 2011, if certain performance targets are met by the Company.

11. Award under Bemis Restricted Stock Award Program exempt under Rule 16b-3: Grant to Reporting Person of right to receive Restricted Stock Units as of December 31, 2013.

12. Award under Bemis Performance Based Restricted Stock Award Program exempt under Rule 16b-3: Grant to Reporting Person of right to receive Performance Stock Units as of December 31, 2012, if certain performance targets are met by the Company.

13. Award under Bemis Restricted Stock Award Program exempt under Rule 16b-3: Grant to Reporting Person of right to receive Restricted Stock Units as of December 31, 2014.

	J J Seifert Power of Attorney	01/05/2010
	** 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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