SEC Form 4

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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 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* CRUMLEY THEODORE (Last) (First) (Middle) BOISE CASCADE CORPORATION 1111 W. JEFFERSON ST. (Street) BOISE ID 83702 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol BOISE CASCADE CORP [ BCC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Sr. Vice President & CFO
	3. Date of Earliest Transaction (Month/Day/Year) 07/31/2003
	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
Common Stock	07/31/2003		A		74,200	A	(1)	75,447	D
Common Stock								21,532.2174	I	By 401(k) Plan(2)
Preferred Stock								794.0144	I	By ESOP Trust(2)

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 Securities Underlying Derivative Security (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: 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
Stock Option (Right to Buy)	$43.875							07/28/1996	07/28/2005	Common Stock	19,600		19,600	D
Stock Option (Right to Buy)	$40.625							09/29/1996	09/29/2005	Common Stock	3,300		3,300	D
Stock Option (Right to Buy)	$31.375							07/26/1997	07/26/2006	Common Stock	22,900		22,900	D
Stock Option (Right to Buy)	$36.875							07/25/1998	07/25/2007	Common Stock	24,300		24,300	D
Stock Option (Right to Buy)	$28.875							07/31/1999	07/31/2008	Common Stock	28,700		28,700	D
Stock Option (Right to Buy)	$29.375							02/11/2000	02/12/2009	Common Stock	5,400		5,400	D
Stock Option (Right to Buy)	$38.0625							07/29/2000	07/30/2009	Common Stock	45,000		45,000	D
Stock Option (Right to Buy)	$27.5							07/27/2001	07/28/2010	Common Stock	37,500		37,500	D
Stock Option (Right to Buy)	$24.75							09/27/2001	09/28/2010	Common Stock	23,500		23,500	D
Stock Option (Right to Buy)	$35.6							07/26/2002	07/27/2011	Common Stock	72,600		72,600	D
Stock Option (Right to Buy)	$27.76							07/24/2003	07/25/2012	Common Stock	86,700		86,700	D
Phantom Stock Units	(3)							(4)	(5)	Common Stock	4,137.3352		4,137.3352	D

Explanation of Responses:

1. Grant of restricted stock at no cost to plan participant.

2. Represents number of shares beneficially owned as of July 31, 2003, based on information from plan administrator.

3. Each phantom stock unit is equal in value to one share of the company's common stock.

4. Vested in participant stock units (and related dividend equivalent stock units) at all times. Company matching stock units (and related dividend equivalent stock units) vest as follows: (a) 100% upon participant's death, disability, or early or normal retirement; (b) 100% upon a change in control of the company; (c) 100% upon involuntary termination for reasons other than disciplinary reasons or termination as a result of the sale or permanent closure of a company facility, operating unit, or division; and (d) 20% on each anniversary of the date account was first credited with stock units under the plan. 20% is cumulative -- after 5 years, participant is completely vested in all stock units in his or her account, including any stock units allocated to the account in the future.

5. Shares of phantom stock are payable in shares of common stock in accordance with the participant's Deferred Compensation Distribution Election Agreement, except in the case of a change in control, in which case payment may be made in either cash or stock.

Remarks:

	Theodore Crumley	08/01/2003
	** 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).
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