UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 4

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

o 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*
(Last, First, Middle)
2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
(Check All Applicable)
  Klein, Bruce, A.
  CLARCOR Inc. (CLC)
  o  Director
o  10% Owner
x  Officer (give title below)
o  Other (specify below)
  2323 Sixth Street PO 7007

(Street)
3. Date of Earliest Transaction
(MM/DD/YYYY)
  Officer: VP-Finance & CFO <%=formData.OtherRelationshipDescription%>
    07/08/2004
6. Individual or Joint/Group Filing
(Check Applicable Line)
  Rockford, IL 61125
(City)         (State)        (Zip)
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
 
o Form filed by One Reporting Person
x Form filed by More than One Reporting Person
   
     
                   

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).
 


Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)
2. Transaction
Date

(MM/DD/YYYY)
2a. Deemed
Execution
Date, if any.

(MM/DD/YYYY)
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
Transactions(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  Equity Swap   Amount (A)
or
(D)
Price            

  Common Stock Par Value $1.00    07/08/2004        No   15000      $19.583    69901       

  Common Stock Par Value $1.00    07/08/2004        No   11250      $18.50    81151       

  Common Stock Par Value $1.00    07/08/2004        No   8500      $17.9375    89651       

  Common Stock Par Value $1.00    07/08/2004        No   19968      $18.50    109619       

  Common Stock Par Value $1.00    07/08/2004        No   10000      $27.50    119619       

  Common Stock Par Value $1.00    07/08/2004        No   5500      $32.30    125119       

  Common Stock Par Value $1.00    07/08/2004        No   47836      $44.40    77283       

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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/YYYY)
3a. Deemed Execution
Date, if any

(MM/DD/YYYY)
4. Transaction
Code

(Instr. 8)
5. Number of
Derivative Securities
Acquired (A)
or
Disposed of (D)

(Instr. 3, 4 and 5)

                      Code V Equity
Swap
  Amount (A)/(D)

  Common Stock Par Value $1.00    $19.583    07/08/2004          No    15000 

  Common Stock Par Value $1.00    $18.50    07/08/2004          No    11250 

  Common Stock Par Value $1.00    $17.9375    07/08/2004          No    8500 

  Common Stock Par Value $1.00    $18.50    07/08/2004          No    19968 

  Common Stock Par Value $1.00    $27.50    07/08/2004          No    10000 

  Common Stock Par Value $1.00    $32.30    07/08/2004          No    5500 

  Common Stock Par Value $1.00    $44.40    07/08/2004          No    9923 

  Common Stock Par Value $1.00    $44.40    07/08/2004          No    7277 

  Common Stock Par Value $1.00    $44.40    07/08/2004          No    5433 

  Common Stock Par Value $1.00    $44.40    07/08/2004          No    12915 

  Common Stock Par Value $1.00    $44.40    07/08/2004          No    7696 

  Common Stock Par Value $1.00    $44.40    07/08/2004          No    4592 

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned - Continued
(e.g., puts, calls, warrants, options, convertible securities)

6. Date Exercisable and
Expiration Date

(MM/DD/YYYY)
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)

  Date
Exercisable
Expiration
Date
  Title Amount or
Number of
Shares
                       

  12/17/2003  12/16/2007    Common Stock  15000    $19.583    152220       

  12/16/2003  12/15/2008    Common Stock  11250    $18.50    140970       

  12/20/2003  12/19/2009    Common Stock  8500    $17.9375    132470       

  12/17/2003  12/16/2010    Common Stock  19968    $18.50    112502       

  12/16/2003  12/15/2011    Common Stock  10000    $27.50    102502       

  12/15/2003  12/14/2012    Common Stock  5500    $32.30    97002       

  07/08/2004  12/16/2007    Common Stock  9923    $44.40    106925       

  07/08/2004  12/15/2008    Common Stock  7277    $44.40    114202       

  07/08/2004  12/19/2009    Common Stock  5433    $44.40    119635       

  07/08/2004  12/16/2010    Common Stock  12915    $44.40    132550       

  07/08/2004  12/15/2011    Common Stock  7696    $44.40    140246       

  07/08/2004  12/14/2012    Common Stock  4592    $44.40    144838       

Explanation of Responses:

Remarks:

Marcia S. Blaylock, By Power of Attorney   7/8/2004

**Signature of Reporting Person
 
Date


**   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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