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) Bender, John C. Boise Cascade Corporation 03-31-2003 Boise Cascade Corporation BCC 1111 West Jefferson Street Boise, ID 83702 6. Relationship of Reporting Person to Issuer (Check all applicable) _Director _10% Owner _Officer (give title below) _Other (specify below) X Sr. Vice President 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) Common Stock 132 D Preferred Stock (a) 773.6864 I By ESOP Trust 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) Stock Option $43.875 07-28 Common Stock 9,300 D (Right to Buy) -2005 Stock Option $31.375 07-26 Common Stock 9,300 D (Right to Buy) -2006 Stock Option $36.875 07-25 Common Stock 8,800 D (Right to Buy) -2007 Stock Option $29.375 02-12 Common Stock 2,600 D (Right to Buy) -2009 Stock Option $38.0625 07-30 Common Stock 29,000 D (Right to Buy) -2009 Stock Option $27.50 07-28 Common Stock 29,000 D (Right to Buy) -2010 Stock Option $24.75 09-28 Common Stock 15,500 D (Right to Buy) -2010 Stock Option $35.60 07-27 Common Stock 52,900 D (Right to Buy) -2011 Stock Option $27.76 07-25 Common Stock 44,000 D (Right to Buy) -2012 Phantom Stock Units (b) 03-31 A 2,667.6 Common Stock $21.85 19,835. D -2003 581 0674
Explanation of responses: (a) Represents number of shares beneficially owned as of March 31, 2003, based on information from plan administrator. (b) Each phantom stock unit is equal in value to one share of the company's common stock. Signature of Reporting Person: /s/John C. Bender -------------------------------------------------- John C. Bender