NOCITO MICHAEL F 4

4 · BOWATER INC · Filed Feb 12, 2004

Form 4

Period: 2004-02-10

Vice President & Controller

Transactions

Sale
Common Stock
2004-02-10$45.02/sh−200$9,004→ 11,545.254 total
Sale
Common Stock
2004-02-10$45.04/sh−800$36,032→ 10,745.254 total
Sale
Common Stock
2004-02-10$45.05/sh−4,600$207,230→ 6,145.254 total
Sale
Common Stock
2004-02-10$45.08/sh−100$4,508→ 1,945.254 total
Exercise/Conversion
Stock Option (right to buy)
2004-02-10−10,000→ 0 total
Exercise: $34.88Exp: 2006-01-17→ Common Stock (10,000 underlying)
Exercise/Conversion
Common Stock
2004-02-10$34.88/sh+10,000$348,750→ 11,745.254 total
Sale
Common Stock
2004-02-10$45.07/sh−625$28,169→ 1,220.254 total
Sale
Common Stock
2004-02-10$45.07/sh−300$13,521→ 2,045.254 total
Sale
Common Stock
2004-02-10$45.06/sh−3,800$171,228→ 2,345.254 total
Sale
Common Stock
2004-02-10$44.88/sh−2,005.347$90,000→ 1,569.312 total(indirect: 401 (k) Plan)

Holdings

Stock Appreciation Right
Exercise: $54.84From: 2001-05-10Exp: 2010-05-10→ Common Stock (16,600 underlying)
16,600
Stock Appreciation Right
Exercise: $41.03From: 2000-01-26Exp: 2009-01-26→ Common Stock (10,000 underlying)
10,000
Phantom Stock Units
Exercise: $0.00→ Common Stock (847.734 underlying)
847.734
Stock Appreciation Right
Exercise: $39.78Exp: 2009-02-22→ Common Stock (1,000 underlying)
1,000
Stock Option (right to buy)
Exercise: $40.74From: 2004-01-28Exp: 2013-01-28→ Common Stock (10,000 underlying)
10,000

Footnotes (4)

[F1]Shares included in column 5 that represent an increase from the last report filed by the reporting person and are not otherwise accounted for by a transaction on this form were allocated under the Company's Dividend Reinvestment Plan.
[F2]These options are all exercisable.
[F3]These phantom stock units were allocated under the Company's Compensatory Benefit Plan (the "Plan") and will be settled (on a 1-for-1 basis) upon the reporting person's retirement, death, disability, or other termination of employment. Units included in column 9 that represent an increase from the last report filed by the reporting person and are not otherwise accounted for by a transaction on this form were allocated under the Plan as of January 2, 2004. Additional securities may have accrued to the reporting person's account since that date. The account is subject to revision in order to comply with requirements respecting nondiscrimination standards and limitations on contributions under the Internal Revenue Code of 1986, as amended.
[F4]These rights are all exercisable.

Documents

1 file