Form 4 FITZSIMMONS JOHN A For: May 04 (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^*

FITZSIMMONS JOHN A

(Last)

(First)

(Middle)

200 DOMAIN DRIVE

(Street)

STRATHAM

03885

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
TIMBERLAND CO [TBL]

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)
05/04/2009

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)
Class A Common Stock	05/04/2009		M		10,000	A	$ 9.1725	10,000	D
Class A Common Stock ⁽¹⁾	05/04/2009		S		10,000	D	$ 13.8232 ⁽²⁾	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 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-Qualified Stock Option (right to buy)

$ 9.1725

05/04/2009

10,000

05/17/2000

05/17/2009

Class A Common Stock

10,000

$ 0

Non-Qualified Stock Option (right to buy)

$ 17.83

05/16/2009⁽³⁾

05/16/2018

Class A Common Stock

16,876

Non-Qualified Stock Option (right to buy)

$ 17.9063

05/16/2001⁽⁴⁾

05/16/2010

Class A Common Stock

10,000

Non-Qualified Stock Option (right to buy) ⁽⁵⁾

$ 21.055

05/16/2003

05/16/2012

Class A Common Stock

5,000

Non-Qualified Stock Option (right to buy)

$ 24.38

05/06/2002⁽⁶⁾

05/16/2011

Class A Common Stock

5,000

Non-Qualified Stock Option (right to buy)

$ 25.305

05/16/2004⁽⁷⁾

05/16/2013

Class A Common Stock

5,000

Non-Qualified Stock Option (right to buy)

$ 26.36

05/16/2008⁽⁸⁾

05/16/2017

Class A Common Stock

10,849

Non-Qualified Stock Option (right to buy)

$ 27.96

05/16/2007⁽⁸⁾

05/16/2016

Class A Common Stock

10,512

Non-Qualified Stock Option (right to buy)

$ 29.32

05/17/2005⁽⁷⁾

05/17/2014

Class A Common Stock

5,000

Non-Qualified Stock Option (right to buy)

$ 35.82

05/16/2006⁽⁸⁾

05/16/2015

Class A Common Stock

8,996

Explanation of Responses:

1. Details of these stock options have been previously reported.

2. The execution price is an average price of all the executions for this transaction.

3. These stock options become exercisable one (1) year after the date of grant. These options were granted pursuant to the Company's 2007 Stock Option Plan.

4. These stock options become exercisable in four (4) equal installments, commencing one (1) year after the date of grant. These stock options were granted pursuant to the Company's 1991 Stock Option Plan for Non-Employee Directors.

5. Grant to reporting person of a stock option pursuant to a plan which satisfies the requirements of old Rule 16b-3.

6. These stock options become exercisable in four (4) equal installments, commencing one (1) year after the date of grant.

7. These stock options become exercisable in four (4) equal installments, commencing one (1) year after the date of grant. These stock options were granted pursuant to the Company's 2001 Stock Option Plan for Non-Employee Directors.

8. These options become exercisable one (1) year after the date of grant. These stock options were granted pursuant to the Company's 2001 Stock Option Plan for Non-Employee Directors.

	By: Danette Wineberg, Attorney-in-Fact For: John A. Fitzsimmons	05/05/2009
	** 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