X0202 5 2007-12-31 0 0 0 0001123270 BANK MUTUAL CORP BKMU 0001190942 BUESTRIN THOMAS H BANK MUTUAL CORPORATION 4949 W. BROWN DEER RD. MILWAUKEE WI 53223 1 0 0 0 Common Stock 11562 I By Trust Common Stock 2007-12-31 2007-12-31 5 G 0 1000 D 0 I By Trust Common Stock 47029 I By Trust Common Stock 10000 I By Trust Common Stock 50343 D Options to buy 3.2056 2011-05-08 Common Stock 50000 50000 D Options to buy 10.673 2014-05-03 Common Stock 80000 80000 D By wife as co-trustee of the Henrietta E. Fenske Family Trust. Bona fide gift. As trustee of the Mildred F. Buestrin Trust. As co-trustee of the Lisa M. Buestrin 1996 Trust. By profit sharing plan trust as trustee. Directors Stock Option. The option is fully vested. Stock option granted under the 2004 Stock Incentive Plan. The options (80,000 in the original grant) vest in annual installments of 20% each based on the number of shares granted beginning May 3, 2005. /s/Thomas H. Buestrin 2008-02-13