FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting 2. Issuer Name and 3. IRS or Social 4. Statement 5. If Amendment,
Person Ticker or Trading Security for Date of
Symbol Number of Month/Year Original
Reporting Person (Month/Year)
(Voluntary)
Gangwal, Rakesh Boise Cascade Corporation 12-31-2002
1155 Crest Lane BCC
McLean, VA 22101
6. Relationship of Reporting Person to Issuer (Check all applicable)
_Director _10% Owner _Officer (give title below) _Other (specify below)
X
7. Individual or Joint/Group Reporting
[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 2. Trans- 3. Trans- 4. Securities aquired (A) 5. Amount of 6. Owner- 7. Nature of Indirect
Security action action or Disposed of (D) Securities Ship Beneficial Ownership
(Instr. 3) Date Code (Instr. 3, 4 and 5) Beneficially Form: (Instr. 4)
(Instr. Owned at Direct
(Month/ 8) (A) End of Month (D) or
Day/ or (Instr. 3 Indirect
Year) Code V Amount (D) Price and 4) (I)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially owned
(e.g., puts, calls, warrants, options, convertable securities)
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Title of Con- Trans- Trans- Number of Date exer- Title and Amount Price Number Owner- Nature
Derivative version action action Derivative cisable and of Underlying of of Ship of
Security or Date Code Securities Expiration Securities Deriv- Deriv- Form Indirect
(Instr. 3) Exercise (Instr. Acquired (A) Date (Instr. 3 and 4) ative ative of Bene-
Price of 8) or Disposed (Month/ Secu- Secu- Deriv- ficial
Deriv- of (D) Day/Year) rity rities ative Owner-
ative (Instr. 3, (Instr. Bene- Secu- ship
Security 4 and 5) 5) fically rity: (Instr.
Owned Direct 4)
at end (D) or
( Amount of Indi-
Month/ C Date Expi- or Month rect
Day/ O Exer- ra- Number (Instr. (I)
Year D cis- tion of 4) (Instr.
) E V (A) (D) able Date Title Shares 4)
Purchase Option $2.50 (a) Common Stock 588 D
Purchase Option $2.50 (a) Common Stock 800 D
Purchase Option $2.50 (a) Common Stock 46 D
Purchase Option $2.50 12-31 A 2,228 07-01 (a) Common Stock 2,228 D
-2002 -2003
Stock Option $29.3125 12-11 Common Stock 1,500 D
(Right to Buy) -2008
Stock Option $38.75 07-30 Common Stock 1,500 D
(Right to Buy) -2009
Stock Option $27.625 07-31 Common Stock 2,000 D
(Right to Buy) -2010
Stock Option $36.20 07-31 Common Stock 2,000 D
(Right to Buy) -2011
Stock Option $28.99 07-31 A 2,500 07-31 07-31 Common Stock 2,500 D
(Right to Buy) -2002 -2003 -2012
Explanation of responses:
(a) Option expires three years following option holder's
termination as a director of the Company.
Signature of Reporting Person:
/s/Karen E. Gowland (POA) for Rakesh Gangwal
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Rakesh Gangwal