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^*

MCGEARY RODERICK C

(Last)

(First)

(Middle)

1676 INTERNATIONAL DRIVE

(Street)

MCLEAN

22102

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BEARINGPOINT INC [ BE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)
	Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2008

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⁽¹⁾	07/01/2008		M		29,197	A	$0	205,773	D
Common Stock⁽¹⁾	07/01/2008		F		9,285	D	$0.79	196,488	D
Common Stock⁽²⁾	07/01/2008		M		22,059	A	$0	218,547	D
Common Stock⁽²⁾	07/01/2008		F		7,015	D	$0.79	211,532	D

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)
Restricted Stock Units⁽¹⁾	⁽³⁾	07/01/2008		M			29,197	⁽¹⁾	⁽¹⁾	Common Stock	29,197	⁽⁴⁾	0	D
Restricted Stock Units⁽²⁾	⁽³⁾	07/01/2008		M			22,059	⁽²⁾	⁽²⁾	Common Stock	22,059	⁽⁴⁾	0	D

Explanation of Responses:

1. As previously reported, on February 12, 2007, Roderick C. McGeary was granted an award of 29,197 restricted stock units ("RSUs"). These RSUs were originally scheduled to vest and settle in 25% increments on February 12 in each of 2008, 2009, 2010 and 2011. In connection with Mr. McGeary's retirement as a Company employee on December 31, 2007, the vesting of this grant was accelerated and in accordance with Section 409A of the Internal Revenue Code, settlement was deferred to July 1, 2008. On July 1, 2008, 29,197 shares of common stock of the Company were issued to Mr. McGeary, of which 9,285 shares of common stock were withheld by the Company to satisfy Mr. McGeary's tax withholding obligations.

2. As previously reported, on September 25, 2006, Mr. McGeary was granted an award of 29,411 RSUs. Of these RSUs, 7,352 RSUs vested on January 1, 2007 and settled on December 18, 2007. An additional 7,352 RSUs were scheduled to vest on January 1 in each of 2008, 2009 and 2010. In connection with Mr. McGeary's retirement as a Company employee on December 31, 2007, the vesting of the 22,059 RSUs was accelerated and in accordance with Section 409A of the Internal Revenue Code, settlement was deferred to July 1, 2008. On July 1, 2008, 22,059 shares of common stock of the Company were issued to Mr. McGeary, of which 7,015 shares of common stock were withheld by the Company to satisfy Mr. McGeary's tax withholding obligations.

3. Each restricted stock unit represents a contingent right to receive one share of BearingPoint, Inc. common stock or the cash equivalent on the settlement date specified in the RSU Award Notice.

4. None.

	Christine Chang, Attorney-in-Fact for Roderick C. McGeary	07/03/2008
	** 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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