Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HARRINGTON DONALD J
   2. Issuer Name and Ticker or Trading Symbol
BEAR STEARNS COMPANIES INC [BSC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O ST. JOHNS UNIVERSITY, 8000 UTOPIA PARKWAY		 3. Date of Earliest Transaction (Month/Day/Year)
05/30/2008
(Street)

JAMAICA, NY 11439		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 05/30/2008   D   56 D (1) 0 D  

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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 (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 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Emp. Dir. Restr. Stock Units (2) 05/30/2008   D     517 09/30/2004 09/30/2004 Common Stock 517 (3) 0 D  
non-emp. dir. restr. stock units (2) 05/30/2008   D     701 10/07/2005 10/07/2005 Common Stock 701 (4) 0 D  
Non-Emp. Dir. Restricted Stock Units (2) 05/30/2008   D     483 10/11/2006 10/11/2006 Common Stock 483 (5) 0 D  
non-emp. dir. restricted stock units (2) 05/30/2008   D     506 10/18/2007 10/18/2007 Common Stock 506 (6) 0 D  
non-emp. dir. stock options (rt to buy) $ 157.02 05/30/2008   D     1,200 10/18/2007 04/18/2017 Common Stock 1,200 (7) 0 D  
Non-Emp. Dir. Stock Options (Rt. to Buy) $ 87.68 05/30/2008   D     1,492 09/30/2004 03/31/2014 Common Stock 1,492 (8) 0 D  
non-emp. dir. stock options (rt. to buy) $ 99.07 05/30/2008   D     2,043 10/07/2005 04/07/2015 Common Stock 2,043 (9) 0 D  
Non-Emp. Dir. Stock Options (Rt. to Buy) $ 142.37 05/30/2008   D     1,422 10/11/2006 04/11/2016 Common Stock 1,422 (10) 0 D  
Non-Employee Director Restricted Stock Units (2) 05/30/2008   D     359 09/26/2003 09/26/2003 Common Stock 359 (11) 0 D  
Non-Employee Director Stock Option (right to buy) $ 62.15 05/30/2008   D     1,051 09/27/2002 03/27/2012 Common Stock 1,051 (12) 0 D  
Non-Employee Director Stock Option (Right to Buy) $ 66.7 05/30/2008   D     1,911 09/26/2003 03/27/2013 Common Stock 1,911 (13) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HARRINGTON DONALD J
C/O ST. JOHNS UNIVERSITY
8000 UTOPIA PARKWAY
JAMAICA, NY 11439		   X      

Signatures

 /s/ Harrington, Donald J.   06/02/2008
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Disposed of pursuant to the merger agreement between issuer and JPMorgan Chase & Co. in exchange for 12 shares of JPMorgan Chase common stock having a market value of 9.35 per share on the effective date of the merger.
(2) This type of derivative security typically does not have a conversion or exercise price
(3) The Restricted Stock Units were converted in the merger into 112 Restricted Stock Units of JPMorgan Chase.
(4) The Restricted Stock Units were converted in the merger into 152 Restricted Stock Units of JPMorgan Chase.
(5) The Restricted Stock Units were converted in the merger into 105 Restricted Stock Units of JPMorgan Chase.
(6) The Restricted Stock Units were converted in the merger into 109 Restricted Stock Units of JPMorgan Chase.
(7) This option was converted in the merger into an option to purchase 261 shares of JPMorgan Chase common stock for $721.83 per share.
(8) This option was converted in the merger into an option to purchase 324 shares of JPMorgan Chase common stock for $403.07 per share.
(9) This option was converted in the merger into an option to purchase 444 shares of JPMorgan Chase common stock for $455.45 per share.
(10) This option was converted in the merger into an option to purchase 309 shares of JPMorgan Chase common stock for $654.48 per share.
(11) The Restricted Stock Units were converted in the merger into 78 Restricted Stock Units of JPMorgan Chase.
(12) This option was converted in the merger into an option to purchase 228 shares of JPMorgan Chase common stock for $285.71 per share.
(13) This option was converted in the merger into an option to purchase 415 shares of JPMorgan Chase common stock for $306.61 per share.

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