X0202 4 2007-02-26 0000919226 SMURFIT STONE CONTAINER CORP SSCC 0001098528 O BRYAN MARK R 150 N. MICHIGAN AVENUE CHICAGO IL 60601 0 1 0 0 Sr VP Strategic Initiatives Common Stock 2007-03-01 2007-03-01 4 S 0 640 12.27 D 4093 D Restricted Stock Units 2007-02-26 2007-02-27 4 A 0 8000 0 A 19904 D Restricted Stock Units 2007-02-28 2007-02-28 4 J 0 8951 10.83 A 27208 D Common Stock 2310.1729 I 401(k) Stock Option 12.75 2007-02-26 2007-02-27 4 A 0 24000 0 A 2010-02-26 2017-02-26 Common Stock 24000 24000 D Restricted Stock Units awarded on this date under the Company's 2006 Management Incentive Plan were priced at the average closing price for the last five trading days of January 2007. Restricted Stock Units granted under the Company's Management Incentive Plan, consisting of employee-directed deferral of earned bonus, and Company premium. The RSUs convert to shares of common stock on the third anniversary of the award date. The Company premium RSUs vest one-third each year on the first, second and third anniversary of the award date but, except in the event of disability or severence, none of them will be converted to shares until the third anniversary of the award date. Shares sold to cover taxes on conversion of Restricted Stock Units into shares of Company common stock. Options granted pursuant to Smurfit-Stone Container Corporation 2004 Long Term Incentive Plan. One-third of these options vest on each anniversary of the grant date, but the options are not exercisable until the third anniversary of the grant date. Restricted Stock Units granted under the Company's 2004 Long Term Incentive Plan. One-third of the RSUs vest on each of the first, second and third anniversaries of the grant date, but, except in the event of retirement, disability or severance, none of them will be converted to shares until the third anniversary of the grant date. Mark R. O'Bryan 2007-02-28