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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001209191-08-021269.txt : 20080401
<SEC-HEADER>0001209191-08-021269.hdr.sgml : 20080401
<ACCEPTANCE-DATETIME>20080401203341
ACCESSION NUMBER:		0001209191-08-021269
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080328
FILED AS OF DATE:		20080401
DATE AS OF CHANGE:		20080401

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PANERA BREAD CO
		CENTRAL INDEX KEY:			0000724606
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				042723701
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1227

	BUSINESS ADDRESS:	
		STREET 1:		6710 CLAYTON RD
		CITY:			RICHMOND HEIGHTS
		STATE:			MO
		ZIP:			63117
		BUSINESS PHONE:		3146337100

	MAIL ADDRESS:	
		STREET 1:		6710 CLAYTON RD
		CITY:			RICHMOND HEIGHTS
		STATE:			MO
		ZIP:			63117

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AU BON PAIN CO INC
		DATE OF NAME CHANGE:	19940201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AU BON PAIN COMPANY INC
		DATE OF NAME CHANGE:	19920501

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BORLAND MARK
		CENTRAL INDEX KEY:			0001244907

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19253
		FILM NUMBER:		08731059

	MAIL ADDRESS:	
		STREET 1:		6710 CLAYTON RD
		CITY:			RICHMOND HEIGHTS
		STATE:			MO
		ZIP:			63117
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-03-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000724606</issuerCik>
        <issuerName>PANERA BREAD CO</issuerName>
        <issuerTradingSymbol>PNRA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001244907</rptOwnerCik>
            <rptOwnerName>BORLAND MARK</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6710 CLAYTON ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RICHMOND HEIGHTS</rptOwnerCity>
            <rptOwnerState>MO</rptOwnerState>
            <rptOwnerZipCode>63117</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SVP,Chief Supply Chain Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Choice Award (Right to Restricted Stock or Stock Option)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-03-28</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-03-14</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-03-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <footnoteId id="F1"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>42.50</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-03-28</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>7549</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-03-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>7549</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>7549</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents disposition of choice award under the 2006 Stock Incentive Plan (&quot;2006 Plan&quot;) permitting the Reporting Person to elect to receive, effective March 28, 2008, an award in the form of (i) up to a number of shares of restricted Class A Common Stock, par value $0.0001 per share (&quot;Class A Common Stock&quot;), as has a fair market value of $100,000 on March 28, 2008 as determined by the closing price of shares of Class A Common Stock on The Nasdaq Global Market on that date, or (ii) stock options to purchase up to a number of shares of Class A Common Stock as would cause the stock option to have a fair market value of $100,000 on March 28, 2008 based on the Black-Scholes option pricing model, or (iii) a combination of restricted stock and stock options (in 25% increments).  The Reporting Person elected to receive 100% of the choice award in the form of a stock option.</footnote>
        <footnote id="F2">Represents grant of a stock option to purchase Class A Common Stock that the Reporting Person elected to receive under a choice award granted pursuant to the 2006 Plan.  The stock option vests over a three-year period from the date of grant, with 33 1/3% vesting on the first anniversary of the date of grant, and an additional 33 1/3% vesting on the second and third anniversaries of the date of grant, respectively.  The stock option terminates six (6) years from the date of grant and is subject to earlier termination as provided in the award agreement or the 2006 Plan.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Louis DiPietro, Attorney in Fact for Mark A. Borland</signatureName>
        <signatureDate>2008-04-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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