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^*

LAIKIN ROBERT J

(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
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/26/2003

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	11/26/2003		S		128,440	D	$23.4753	148,785	D
Common Stock	11/28/2003		S		48,785	D	$22.5381	100,000	D
Common Stock	11/28/2003		M		24,643	A	$2.833	124,643	D
Common Stock	11/28/2003		S		24,643	D	$22.538	100,000	D
Common Stock	11/28/2003		M		30,002	A	$12.053	130,003	D
Common Stock	11/28/2003		S		30,002	D	$22.538	100,000	D
Common Stock	12/01/2003		M		64,284	A	$13.22	164,284	D
Common Stock	12/01/2003		S		64,284	D	$23.023	100,000	D
Common Stock								1.1342	I	Represents shares acquired under the Brightpoint, Inc. Employee Stock Purchase Plan

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)
Employee Stock Option (right to buy)	$2.833	11/28/2003		M			24,643	⁽¹⁾	04/18/2007	Common Stock	24,643	$0	49,284	D
Employee Stock Option (right to buy)	$12.053	11/28/2003		M			30,002	⁽²⁾	02/22/2006	Common Stock	30,002	$0	6,701	D
Employee Stock Option (right to buy)	$13.22	12/01/2003		M			64,284	⁽³⁾	08/10/2004	Common Stock	64,284	$0	0	D

Explanation of Responses:

1. 24,643 of the options vested prior to the exercise date. The remaining 49,284 vest in equal installments on 04/18/2004 and 04/18/2005.

2. 30,002 of the options vested prior to the exercise date. The remaining 6,701 vest on 02/22/2004.

3. All of the options vested prior to the exercise date.

Remarks:

All share amounts and option exercise prices reflected in this Form 4 have been adjusted where applicable to give effect to (1) a 1-7 reverse stock split of the issuer's common stock effected on 06/27/2002; and (2) two 3-2 splits of the issuer's common stock effected in the form of 50% stock dividends that were paid on 08/25/2003 and 10/15/2003, respectively.

	/s/ Steven E. Fivel, Attorney-in-Fact	12/01/2003
	** 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).
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