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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
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*
RENYI THOMAS A

(Last) (First) (Middle)
ONE WALL STREET

(Street)
NEW YORK NY 10286

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BANK OF NEW YORK CO INC [ BK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2007
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 (Par Value $7.50) 05/04/2007 L V 153.6958 A $41.2886 452,274.0907 ( 1 ) D
Common Stock (Par Value $7.50) 07/01/2007 D 200,774.0907 D $41.5096 ( 2 ) 0 ( 1 ) D
Common Stock (Par Value $7.50) 07/01/2007 D 475,953.009 D $41.5096 0 ( 3 ) I By 401(k) Plan
Common Stock (Par Value $7.50) 07/01/2007 D 75,560 D $41.5096 ( 2 ) 0 ( 4 ) I By GRAT 2-2005
Common Stock (Par Value $7.50) 07/01/2007 D 195,222 D $41.5096 ( 2 ) 0 ( 4 ) I by GRAT 3- 2005
Common Stock (Par Value $7.50) 07/01/2007 D 115,500 D $41.5096 ( 2 ) 0 ( 5 ) I GRAT 2 2007
Common Stock (Par Value $7.50) 07/01/2007 D 115,500 D $41.5096 ( 2 ) 0 ( 5 ) I GRAT 3 2007
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
1/12/99 Stock Options $35.56 $35.56 07/01/2007 D 500,000 01/12/2000 01/12/2009 Common Stock (Par Value $7.50) 500,000 ( 6 ) 0 D
1/13/98 Stock Options $27.47 $27.47 07/01/2007 D 248,360 01/13/1999 01/13/2008 Common Stock (Par Value $7.50) 248,360 ( 6 ) 0 D
2/11/03 Stock Options $23.13 $23.13 07/01/2007 D 650,000 02/11/2004 02/11/2013 Common Stock (Par Value $7.50) 650,000 ( 6 ) 0 D
2/13/01 Stock Options $54.02 $54.02 07/01/2007 D 400,000 02/13/2002 02/13/2011 Common Stock (Par Value $7.50) 400,000 ( 6 ) 0 D
2/8/00 Stock Options $39.31 $39.31 07/01/2007 D 500,000 02/08/2001 02/08/2010 Common Stock (Par Value $7.50) 500,000 ( 6 ) 0 D
3/12/02 Stock Options $41.85 $41.85 07/01/2007 D 650,000 03/12/2003 03/12/2012 Common Stock (Par Value $7.50) 650,000 ( 6 ) 0 D
3/13/2007 Stock Options $38.11 $38.11 07/01/2007 D 324,006 03/13/2008 03/13/2017 Common Stock (Par Value $7.50) 324,006 ( 6 ) 0 D
3/14/06 Stock Options $34.99 $34.99 07/01/2007 D 187,500 03/14/2007 03/14/2016 Common Stock (Par Value $7.50) 187,500 ( 6 ) 0 D
3/4/04 Stock Options $33.09 $33.09 07/01/2007 D 340,000 03/04/2005 03/04/2014 Common Stock (Par Value $7.50) 340,000 ( 6 ) 0 D
4/2/2007 Stock Options $40.41 $40.41 07/01/2007 D 146,250 04/02/2008 04/02/2017 Common Stock (Par Value $7.50) 146,250 ( 6 ) 0 D
6/29/2007 Stock Options $41.44 $41.44 06/29/2007 A 700,000 01/02/2009 06/29/2017 Common Stock (Par Value $7.50) 700,000 $41.44 ( 6 ) 700,000 D
6/29/2007 Stock Options $41.44 $41.44 07/01/2007 D 700,000 01/02/2009 06/29/2017 Common Stock (Par Value $7.50) 700,000 ( 6 ) 0 D
Restricted Stock Units $40.41 07/01/2007 D 48,750 ( 7 ) 04/02/2010 Common Stock (Par Value $7.50) 48,750 ( 8 ) 0 D
Explanation of Responses:
1. 119,218 of these shares have been previously reported as beneficially owned but had been held by Grantor Retained Annuity Trusts until September 6, 2006.
2. Disposed of in exchange for shares of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The exchange ratio in the merger was .9434 shares of BNY Mellon for each share of BNY, with fractional shares paid in cash under the merger agreement at a price of $41.5096 per share, except in the case of certain benefit plans, as to which fractional shares will be rolled over.
3. Represents number of stock units held indirectly in employer's stock fund in The Bank of New York Company, Inc. Employee Savings and Investment Plan, a 401(k) Plan, as of June 29, 2007. Previously reported as owned directly in Profit Sharing Plan. These units were disposed of in exchange for stock units of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The price shown represents the closing price of Mellon Financial Corporation common stock on June 29, 2007 times .9434 for the shares represented by the units held.
4. These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on August 23, 2005.
5. These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on June 27, 2007.
6. Disposed of in exchange for options of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The exchange ratio in the merger was .9434 shares of BNY Mellon for each share of BNY.
7. These restricted stock units vest on April 2, 2010.
8. Disposed of in exchange for restricted stock units of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The exchange ratio in the merger was .9434 shares of BNY Mellon for each share of BNY.
Thomas A. Renyi 07/03/2007
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.