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^*

MITCHELSON CHARLIE S

(Last)

(First)

(Middle)

CASCADE CORP

2201 NE 201ST STREET

(Street)

FAIRVIEW

97024

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CASCADE CORP [ CAE ]

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)
07/11/2005

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	07/11/2005		M		1,005	A	$13	1,005	D
Common Stock	07/11/2005		M		15,000	A	$9.9375	16,005	D
Common Stock	07/11/2005		S		12,200	D	$45	3,805	D
Common Stock	07/11/2005		S		1,400	D	$45.01	2,405	D
Common Stock	07/11/2005		S		900	D	$45.02	1,505	D
Common Stock	07/11/2005		S		400	D	$45.04	1,105	D
Common Stock	07/11/2005		S		500	D	$45.05	605	D
Common Stock	07/11/2005		S		100	D	$45.1	505	D
Common Stock	07/11/2005		S		505	D	$45.75	0	D
Common Stock	07/12/2005		M		2,025	A	$16	2,205	D
Common Stock	07/12/2005		M		258	A	$15.25	2,283	D
Common Stock	07/12/2005		M		1,517	A	$16.375	3,800	D
Common Stock	07/12/2005		S		3,800	D	$45	0	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)
Employee Stock Option (right to buy)	$13	07/11/2005		M			1,005	05/13/1999⁽¹⁾	05/13/2009	Common Stock	1,005	$0	63,155	D
Employee Stock Option (right to buy)	$9.9375	07/11/2005		M			15,000	05/11/2000⁽²⁾	05/11/2010	Common Stock	15,000	$0	48,155	D
Employee Stock Option (right to buy)	$16	07/12/2005		M			2,025	05/14/1996⁽³⁾	05/14/2006	Common Stock	2,025	$0	46,130	D
Employee Stock Option (right to buy)	$15.25	07/12/2005		M			258	05/13/1997⁽⁴⁾	05/13/2007	Common Stock	258	$0	45,872	D
Employee Stock Option (right to buy)	$16.375	07/12/2005		M			1,517	05/14/1998⁽⁵⁾	05/14/2008	Common Stock	1,517	$0	44,355	D

Explanation of Responses:

1. The option was granted for 1,089 shares on 05-13-1999 and became exercisable for 25% of the shares on each of the first four anniversaries.

2. The option was granted for 15,000 shares on 05-11-2000 and became exercisable for 25% of the shares on each of the first four anniversaries.

3. The option was granted for 2,025 shares on 05-14-1996 and became exercisable for 25% of the shares on each of the first four anniversaries.

4. The option ws granted for 1,574 shares on 05-13-1997 and became exercisable for 25% of the shares on each of the first four anniversaries.

5. The option was granted for 1,517 shares on 05-14-1998 and became exercisable for 25% of the shares on each of the first four anniversaries.

	Charlie S. Mitchelson	07/12/2005
	** 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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