Edgar Filing: BEAR STEARNS COMPANIES INC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Bienen Henry S

2. Issuer Name and Ticker or Trading Symbol
BEAR STEARNS COMPANIES INC [BSC]

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

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O NORTHWESTERN UNIVERSITY, 633 CLARK STREET

3. Date of Earliest Transaction (Month/Day/Year)
05/30/2008

(Street)

EVANSTON, IL 602081100

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/30/2008		D		2,043	D	⁽¹⁾	0	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

08/28/2005

Common Stock

⁽³⁾

non-emp. dir. restr. stock units

⁽²⁾

05/30/2008

701

10/07/2005

Common Stock

701

⁽⁴⁾

non-emp. dir. restr. stock units

⁽²⁾

05/30/2008

11/30/2005

Common Stock

⁽⁵⁾

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

02/28/2006

Common Stock

⁽⁶⁾

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

05/31/2006

Common Stock

⁽⁷⁾

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

08/28/2006

Common Stock

⁽⁸⁾

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

02/28/2007

Common Stock

⁽⁹⁾

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

05/31/2007

Common Stock

⁽¹⁰⁾

Non-Emp. Dir. Restr. Stock Units

⁽²⁾

05/30/2008

08/29/2008

Common Stock

⁽¹¹⁾

Non-Emp. Dir. Restricted Stock Units

⁽²⁾

05/30/2008

05/31/2005

Common Stock

⁽¹²⁾

Non-Emp. Dir. Restricted Stock Units

⁽²⁾

05/30/2008

483

10/11/2006

Common Stock

483

⁽¹³⁾

Non-Emp. Dir. Restricted Stock Units

⁽²⁾

05/30/2008

11/30/2006

Common Stock

⁽¹⁴⁾

non-emp. dir. restricted stock units

⁽²⁾

05/30/2008

08/28/2007

Common Stock

⁽¹⁰⁾

non-emp. dir. restricted stock units

⁽²⁾

05/30/2008

506

10/18/2007

Common Stock

506

⁽¹⁵⁾

Non-emp. dir. Restricted Stock Units

⁽²⁾

05/30/2008

11/30/2007

Common Stock

⁽¹⁶⁾

Non-Emp. Dir. Restricted Stock Units

⁽²⁾

05/30/2008

02/29/2008

Common Stock

⁽¹⁷⁾

Non-Emp. Dir. Restricted Stock Units

⁽²⁾

05/30/2008

Common Stock

⁽¹⁸⁾

non-emp. dir. stock options (rt to buy)

$ 157.02

05/30/2008

1,200

10/18/2007

04/18/2017

Common Stock

1,200

⁽¹⁹⁾

Non-Emp. Dir. Stock Options (Rt. to Buy)

$ 142.37

05/30/2008

1,422

10/11/2006

04/11/2016

Common Stock

1,422

⁽²⁰⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Bienen Henry S C/O NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON, IL 602081100	X

Signatures

/s/ Bienen, Henry S.		06/02/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Disposed of pursuant to the merger agreement between issuer and JPMorgan Chase & Co. in exchange for 444 shares of JPMorgan Chase common stock having a market value of $9.35 per share on the effective date of the merger.
(2)	This type of derivative security typically does not have a conversion or exercise price
(3)	The Restricted Stock Units were converted in the merger into 13 Restricted Stock Units of JPMorgan Chase.
(4)	The Restricted Stock Units were converted in the merger into 152 Restricted Stock Units of JPMorgan Chase.
(5)	The Restricted Stock Units were converted in the merger into 14 Restricted Stock Units of JPMorgan Chase.
(6)	The Restricted Stock Units were converted in the merger into 13 Restricted Stock Units of JPMorgan Chase.
(7)	The Restricted Stock Units were converted in the merger into 12 Restricted Stock Units of JPMorgan Chase.
(8)	The Restricted Stock Units were converted in the merger into 10 Restricted Stock Units of JPMorgan Chase.
(9)	The Restricted Stock Units were converted in the merger into 10 Restricted Stock Units of JPMorgan Chase.
(10)	The Restricted Stock Units were converted in the merger into 9 Restricted Stock Units of JPMorgan Chase.
(11)	The Restricted Stock Units were converted in the merger into 16 Restricted Stock Units of JPMorgan Chase.
(12)	The Restricted Stock Units were converted in the merger into 10 Restricted Stock Units of JPMorgan Chase.
(13)	The Restricted Stock Units were converted in the merger into 105 Restricted Stock Units of JPMorgan Chase.
(14)	The Restricted Stock Units were converted in the merger into 10 Restricted Stock Units of JPMorgan Chase.
(15)	The Restricted Stock Units were converted in the merger into 109 Restricted Stock Units of JPMorgan Chase.
(16)	The Restricted Stock Units were converted in the merger into 8 Restricted Stock Units of JPMorgan Chase.
(17)	The Restricted Stock Units were converted in the merger into 12 Restricted Stock Units of JPMorgan Chase.
(18)	The Restricted Stock Units were converted in the merger into 13 Restricted Stock Units of JPMorgan Chase.
(19)	This option was converted in the merger into an option to purchase 261 shares of JPMorgan Chase common stock for $721.83 per share.
(20)	This option was converted in the merger into an option to purchase 309 shares of JPMorgan Chase common stock for $654.48 per share.

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