Sec Form 4 Filing - HOLDEN BETSY D @ ALTRIA GROUP INC - 2003-10-23

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
HOLDEN BETSY D
2. Issuer Name and Ticker or Trading Symbol
ALTRIA GROUP INC [ MO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Co-CEO, Kraft Foods Inc.
(Last) (First) (Middle)
120 PARK AVE
3. Date of Earliest Transaction (MM/DD/YY)
10/23/2003
(Street)
NEW YORK, NY10017
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 10/23/2003 M 23,326 A $ 21.344 58,495 D
Common Stock 10/23/2003 F 14,616 D $ 45.345 43,879 D
Common Stock 10/23/2003 M 10,607 A $ 24.937 54,486 D
Common Stock 10/23/2003 F 7,239 D $ 45.345 47,247 D
Common Stock 10/23/2003 M 21,750 D $ 34.895 68,997 D
Common Stock 10/23/2003 F 18,214 D $ 45.345 50,783 D
Common Stock 10/24/2003 S 1,243 D $ 45.075 49,540 D
Common Stock 10/24/2003 S 481 D $ 45.075 49,059 D
Common Stock 10/24/2003 S 504 D $ 45.075 48,555 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) $ 24.937 10/23/2003 M 10,607 06/27/1996 06/24/2005 Common Stock 10,607 $ 0 0 D
Option (Right to Buy) $ 34.895 10/23/2003 M 21,750 06/25/1997 06/23/2006 Common Stock 21,750 $ 0 0 D
Option (Right to Buy) $ 21.344 10/23/2003 M 23,326 01/26/2001 01/26/2010 Common Stock 23,326 $ 0 0 D
Option (Right to Buy) $ 45.345 10/23/2003 A 15,859 04/23/2004 01/26/2010 Common Stock 15,859 $ 0 15,859 D
Option (Right to Buy) $ 45.345 10/23/2003 A 18,718 04/23/2004 06/23/2006 Common Stock 18,718 $ 0 18,718 D
Option (Right to Buy) $ 45.345 10/23/2003 A 7,720 04/23/2004 06/24/2005 Common Stock 7,720 $ 0 7,720 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HOLDEN BETSY D
120 PARK AVE
NEW YORK, NY10017
Co-CEO, Kraft Foods Inc.
Signatures
/s/ G. Penn Holsenbeck for Betsy D. Holden 10/27/2003
Signature of Reporting Person Date
Explanation of Responses:

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).

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