Form 4 BEAR STEARNS COMPANIES For: May 30 Filed by: GLICKMAN CARL D (10K)

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:		3235-0287
Expires:	February 28, 2011
Estimated average burden
hours per response		0.5

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^*

GLICKMAN CARL D

(Last)

(First)

(Middle)

1140 LEADER BUILDING, 526 SUPERIOR AVENUE EAST

(Street)

CLEVELAND

44114

(City)

(State)

(Zip)

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)

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

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)
			Code	V	Amount	(A) or (D)	Price

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

⁽¹⁾

05/30/2008

517

09/30/2004

Common Stock

517

⁽²⁾

non-emp. dir. restr. stock units

⁽¹⁾

05/30/2008

701

10/07/2005

Common Stock

701

⁽³⁾

Non-Emp. Dir. Restricted Stock Units

⁽¹⁾

05/30/2008

483

10/11/2006

Common Stock

483

⁽⁴⁾

non-emp. dir. restricted stock units

⁽¹⁾

05/30/2008

506

10/18/2007

Common Stock

506

⁽⁵⁾

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

⁽⁶⁾

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

$ 87.68

05/30/2008

1,492

09/30/2004

03/31/2014

Common Stock

1,492

⁽⁷⁾

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

$ 99.07

05/30/2008

2,043

10/07/2005

04/07/2015

Common Stock

2,043

⁽⁸⁾

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

⁽⁹⁾

Non-Employee Director Restricted Stock Units

⁽¹⁾

05/30/2008

669

09/26/2003

Common Stock

669

⁽¹⁰⁾

Non-Employee Director Stock Option

$ 41.5

05/30/2008

3,000

03/29/2001

03/15/2010

Common Stock

3,000

⁽¹¹⁾

Non-Employee Director Stock Option

$ 45.74

05/30/2008

3,000

03/30/2001

03/30/2011

Common Stock

3,000

⁽¹²⁾

Non-Employee Director Stock Option (right to buy)

$ 62.15

05/30/2008

2,051

09/27/2002

03/27/2012

Common Stock

2,051

⁽¹³⁾

Non-Employee Director Stock Option (Right to Buy)

$ 66.7

05/30/2008

1,911

09/26/2003

03/27/2013

Common Stock

1,911

⁽¹⁴⁾

Explanation of Responses:

1. This type of derivative security typically does not have a conversion or exercise price

2. The Restricted Stock Units were converted in the merger into 112 Restricted Stock Units of JPMorgan Chase.

3. The Restricted Stock Units were converted in the merger into 152 Restricted Stock Units of JPMorgan Chase.

4. The Restricted Stock Units were converted in the merger into 105 Restricted Stock Units of JPMorgan Chase.

5. The Restricted Stock Units were converted in the merger into 109 Restricted Stock Units of JPMorgan Chase.

6. This option was converted in the merger into an option to purchase 261 shares of JPMorgan Chase common stock for $721.83 per share.

7. This option was converted in the merger into an option to purchase 324 shares of JPMorgan Chase common stock for $403.07 per share.

8. This option was converted in the merger into an option to purchase 444 shares of JPMorgan Chase common stock for $455.45 per share.

9. This option was converted in the merger into an option to purchase 309 shares of JPMorgan Chase common stock for $654.48 per share.

10. The Restricted Stock Units were converted in the merger into 145 Restricted Stock Units of JPMorgan Chase.

11. This option was converted in the merger into an option to purchase 652 shares of JPMorgan Chase common stock for $190.78 per share.

12. This option was converted in the merger into an option to purchase 652 shares of JPMorgan Chase common stock for $210.27 per share.

13. This option was converted in the merger into an option to purchase 446 shares of JPMorgan Chase common stock for $285.71 per share.

14. This option was converted in the merger into an option to purchase 415 shares of JPMorgan Chase common stock for $306.61 per share.

	/s/ Glickman, Carl D.	06/02/2008
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Add to Delicious

Digg It

Send by Email

View Comments (0)

Post Comment