Sec Form 4 Filing - SABALA JAMES A @ COEUR D ALENE MINES CORP - 2008-03-20

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 SABALA JAMES A 2. Issuer Name and Ticker or Trading Symbol COEUR D ALENE MINES CORP [ CDE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Executive VP and CFO (Last) (First) (Middle) 505 FRONT AVE. 3. Date of Earliest Transaction (MM/DD/YY) 03/20/2008 (Street) COEUR D'ALENE, ID83814 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, Par Value $1.00 per share 03/20/2008 F 3,199 ( 1 ) D $ 4.05 124,416 ( 2 ) 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 Incentive Stock Options $ 7.09 02/19/2005 02/19/2014 Common Stock 29,325 29,325 D Non-qualified Stock Options $ 7.09 02/19/2005 02/19/2014 Common Stock 3,666 3,666 D Incentive Stock Options $ 3.92 02/16/2006( 3 ) 02/16/2015 Common Stock 25,511 25,511 D Non-qualified Stock Options $ 3.92 02/16/2006( 3 ) 02/16/2015 Common Stock 33,700 33,700 D Incentive Stock Options $ 5.14 02/20/2007( 3 ) 02/20/2016 Common Stock 19,455 19,455 D Non-qualified Stock Options $ 5.14 02/20/2007( 3 ) 02/20/2016 Common Stock 12,142 12,142 D Incentive Stock Options $ 3.99 03/20/2008( 3 ) 03/20/2017 Common Stock 25,062 25,062 D Non-qualified Stock Options $ 3.99 03/20/2008( 3 ) 03/20/2017 Common Stock 17,119 17,119 D Incentive Stock Options $ 4.85 01/10/2009( 3 ) 01/10/2018 Common Stock 20,618 20,618 D Non-qualified Stock Options $ 4.85 01/10/2009( 3 ) 01/10/2018 Common Stock 24,273 24,273 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SABALA JAMES A 505 FRONT AVE. COEUR D'ALENE, ID83814 Executive VP and CFO Signatures /s/ Christian P. Fonss - Attorney in Fact 03/24/2008 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares withheld for the purpose of paying taxes incurred as a result of vesting of restricted shares. ( 2 )Includes 48,727 unvested shares of restricted stock. ( 3 )The stock options become exercisable to the extent of one-third on the above date and are cumulatively exercisable to the extent of one-third each year thereafter.

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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