-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FoemMyc7ina+At8lkdW4bw9Yi58GD4ggAwOcabnWpxYq+IIscxdyyWKtVpED2Wly
 qRti8R+Xux1PPOmI677G1w==

<SEC-DOCUMENT>0000897069-03-001521.txt : 20031124
<SEC-HEADER>0000897069-03-001521.hdr.sgml : 20031124
<ACCEPTANCE-DATETIME>20031124185641
ACCESSION NUMBER:		0000897069-03-001521
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031120
FILED AS OF DATE:		20031124

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TIRONA MICHAEL A
		CENTRAL INDEX KEY:			0001207263

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07007
		FILM NUMBER:		031021620

	MAIL ADDRESS:	
		STREET 1:		BANDAG INC
		STREET 2:		2905 N HWY 61
		CITY:			MUSCATINE
		STATE:			IA
		ZIP:			52761

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BANDAG INC
		CENTRAL INDEX KEY:			0000009534
		STANDARD INDUSTRIAL CLASSIFICATION:	TIRES AND INNER TUBES [3011]
		IRS NUMBER:				420802143
		STATE OF INCORPORATION:			IA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2905 NORTH HIGHWAY 61
		STREET 2:		BANDAG HEADQUARTERS
		CITY:			MUSCATINE
		STATE:			IA
		ZIP:			52761-5886
		BUSINESS PHONE:		5632621400

	MAIL ADDRESS:	
		STREET 1:		2905 N  HIGHWAY 61
		STREET 2:		BANDAG HEADQUARTERS
		CITY:			MUSCATINE
		STATE:			IA
		ZIP:			52761-5886
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>sdc575_ex.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-11-20</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000009534</issuerCik>
        <issuerName>BANDAG INC</issuerName>
        <issuerTradingSymbol>BDG &amp; BDGA</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001207263</rptOwnerCik>
            <rptOwnerName>TIRONA MICHAEL A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BANDAG INC</rptOwnerStreet1>
            <rptOwnerStreet2>2905 N HWY 61</rptOwnerStreet2>
            <rptOwnerCity>MUSCATINE</rptOwnerCity>
            <rptOwnerState>IA</rptOwnerState>
            <rptOwnerZipCode>52761</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>VP and General Mgr - Europe</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common Stock, $1.00 Par Value</value>
      </securityTitle>
      <transactionDate>
         <value>2003-11-20</value>
      </transactionDate>
      <deemedExecutionDate>
         <value>2003-11-24</value>
      </deemedExecutionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>49.9750</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>40.020</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>641.6520</value>
            <footnoteId id="F1"/>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Class A Common Stock, $1.00 Par Value</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>577.5006</value>
            <footnoteId id="F1"/>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
 </nonDerivativeTable>
 <derivativeTable>
   <derivativeHolding>
      <securityTitle>
         <value>Stock Fund Unit</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>0</value>
      </conversionOrExercisePrice>
      <exerciseDate>
            <footnoteId id="F3"/>
      </exerciseDate>
      <expirationDate>
            <footnoteId id="F3"/>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>211.5560</value>
            <footnoteId id="F4"/>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>211.5560</value>
            <footnoteId id="F4"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
           <value>By Profit Sharing Plan</value>
         </natureOfOwnership>
      </ownershipNature>
   </derivativeHolding>
   <derivativeHolding>
      <securityTitle>
         <value>Stock Fund Unit</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>0</value>
      </conversionOrExercisePrice>
      <exerciseDate>
            <footnoteId id="F3"/>
      </exerciseDate>
      <expirationDate>
            <footnoteId id="F3"/>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>245.2740</value>
            <footnoteId id="F4"/>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>245.2740</value>
            <footnoteId id="F4"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
           <value>By Profit Sharing Plan</value>
         </natureOfOwnership>
      </ownershipNature>
   </derivativeHolding>
   <derivativeHolding>
      <securityTitle>
         <value>Stock Option (Right to Buy)</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>21.0938</value>
      </conversionOrExercisePrice>
      <exerciseDate>
            <footnoteId id="F5"/>
      </exerciseDate>
      <expirationDate>
         <value>2010-03-07</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>9400</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>9400</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
   <derivativeHolding>
      <securityTitle>
         <value>Stock Option (Right to Buy)</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>24.35</value>
      </conversionOrExercisePrice>
      <exerciseDate>
            <footnoteId id="F6"/>
      </exerciseDate>
      <expirationDate>
         <value>2011-03-13</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>6400</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>6400</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
   <derivativeHolding>
      <securityTitle>
         <value>Stock Option (Right to Buy)</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>32.53</value>
      </conversionOrExercisePrice>
      <exerciseDate>
            <footnoteId id="F7"/>
      </exerciseDate>
      <expirationDate>
         <value>2012-03-12</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>9300</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>9300</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
   <derivativeHolding>
      <securityTitle>
         <value>Stock Option (Right to Buy)</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>27.6750</value>
      </conversionOrExercisePrice>
      <exerciseDate>
            <footnoteId id="F8"/>
      </exerciseDate>
      <expirationDate>
         <value>2013-02-25</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>12600</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>12600</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Column 5 of Table I includes 15.8202 shares of Common Stock and 16.8223 shares of Class A Common Stock acquired through automatic reinvestment of dividends under the Bandag, Incorporated Dividend Reinvestment and Optional Cash Purchase Plan (&quot;DRP&quot;) since February 25, 2003.</footnote>

      <footnote id="F2"> Michael A. Tirona participates in the Bandag, Incorporated Restricted Stock Grant Plan (&quot;Plan&quot;). Column 5 of Table I includes 465 shares of Common Stock and 465 shares of Class A Common Stock held by Mr. Tirona under the Plan. The shares are restricted for 7 years when granted and are held by a Trustee for the benefit of Mr. Tirona.</footnote>

      <footnote id="F3"> Represents stock fund units under the Bandag Salaried Profit Sharing, Retirement and Savings Plan (&quot;Profit Sharing Plan&quot;). Distributions will be made upon the earliest to occur of termination of employment, death or retirement, subject to limited exceptions.</footnote>

      <footnote id="F4"> The number of underlying securities is based on the number of stock fund units, the value of these units and the Company's Common and Class A Common Stock market values as of October 31, 2003. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of Company stock and other investments.</footnote>

      <footnote id="F5"> Options for 9,400 shares of Class A Common Stock with 20% vesting (1,880 shares) on each of March 7, 2001, 2002, 2003, 2004, 2005.</footnote>

      <footnote id="F6"> Options for 6,400 shares of Class A Common Stock with 20% vesting (1,280 shares) on each of March 13, 2002, 2003, 2004, 2005, 2006.</footnote>

      <footnote id="F7"> Options for 9,300 shares of Class A Common Stock with 25% vesting (2,325 shares) on each of March 12, 2003, 2004, 2005, 2006.</footnote>

      <footnote id="F8"> Options for 12,600 shares of Class A Common Stock with 25% vesting (3,150 shares) on each of February 25, 2004, 2005, 2006, 2007.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Michael A. Tirona</signatureName>
      <signatureDate>2003-11-24</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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