Sec Form 4 Filing - SALL THOMAS L @ BEMIS CO INC - 2005-01-03

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 SALL THOMAS L 2. Issuer Name and Ticker or Trading Symbol BEMIS CO INC [ BMS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Senior Vice President (Last) (First) (Middle) SUITE 2300, 222 S. 9TH ST. 3. Date of Earliest Transaction (MM/DD/YY) 01/03/2005 (Street) MINNEAPOLIS, MN55402-4099 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 01/03/2005 M 5,044 ( 4 ) A $ 28.82 89,896 D Common Stock 09/30/2004 J 94 A 14,972 I 401(k) Plan Common Stock 12/31/2004 J 82 A 15,054 I 401(k) Plan Common Stock 25,134 I By Spouse

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 Ownershi p (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Common Stock ( 2 ) 01/01/2000 01/03/2005 M 7,842 12/31/2004( 4 ) 12/31/2004 Common Stock 7,842 $ 28.82 0 D Common Stock ( 2 ) 01/01/2001 A 37,942 12/31/2005( 5 ) 12/31/2005 Common Stock 37,942 ( 3 ) 37,942 D Common Stock ( 2 ) 01/01/2002 A 20,818 12/31/2006( 6 ) 12/31/2006 Common Stock 20,818 ( 3 ) 20,818 D Common Stock ( 2 ) 01/02/2003 A 26,694 12/31/2007( 7 ) 12/31/2007 Common Stock 26,694 ( 3 ) 26,694 D Common Stock ( 2 ) 01/28/2004 A 46,000 12/31/2008( 8 ) 12/31/2008 Common Stock 46,000 ( 3 ) 46,000 D Common Stock $ 22.4375 10/07/1997 A 100,000 ( 9 ) 10/07/2007 Common Stock 100,000 ( 11 ) 100,000 D Common Stock $ 18.8125 01/01/1999 A 27,096 ( 9 ) 12/31/2008 Common Stock 27,096 ( 11 ) 27,096 D Common Stock $ 17.4375 01/01/2000 A 33,204 ( 9 ) 12/31/2009 Common Stock 33,204 ( 11 ) 33,204 D Common Stock $ 16.7813 01/01/2001 A 52,216 ( 9 ) 12/31/2010 Common Stock 52,216 ( 11 ) 52,216 D Common Stock $ 24.59 01/01/2002 A 27,390 ( 9 ) 12/31/2011 Common Stock 27,390 ( 11 ) 27,390 D Common Stock $ 24.815 01/02/2003 A 35,120 ( 10 ) 12/31/2012 Common Stock 35,120 ( 11 ) 35,120 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SALL THOMAS L SUITE 2300 222 S. 9TH ST. MINNEAPOLIS, MN55402-4099 Senior Vice President Signatures J J Seifert Power of Attorney 01/04/2005 Signature of Reporting Person Date

Explanation of Responses:

( 1 )No price necessary for Edgar Filing - Company 401(k) Plan. ( 2 )Security converts to Common Stock on a one-for-one basis on date of conversion. ( 3 )Will know price on the date of conversion. ( 4 )Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2004. On January 3, 2005, payout was made with 2,798 shares withheld for tax purposes, leaving right to receive 5,044 shares. ( 5 )Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2005, or if certain performance targets are met by the Company on December 31, 2003. Performance targets were met resulting in a payout on January 28, 2004, leaving right to receive 37,942. ( 6 )Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2006, or if certain performance targets are met by the Company on December 31, 2004. ( 7 )Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2007, or if certain performance targets are met by the Company on December 31, 2005. ( 8 )Award under Bemis Time Accelerated Restricted Stock Appreciation Program (TARSAP) exempt under Rule 16b-3: Grant to Reporting Person of right to receive stock as of December 31, 2008, or if certain performance targets are met by the Company on December 31, 2006. ( 9 )Stock Option (right to buy) pursuant to Stock Option Plan exempt under Rule 16b-3: Option presently exercisable. ( 10 )Stock Option (right to buy) pursuant to Stock Option Plan exempt under Rule 16b-3: Options exercisable in three increments of 33 percent on the first, second and third anniversary of date of grant. ( 11 )Will know price on the date of exercise.

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