Edgar Filing: BOBAK MARK T

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

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BOBAK MARK T

2. Issuer Name and Ticker or Trading Symbol
ANHEUSER-BUSCH COMPANIES, INC. [BUD]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Grp. VP and Chf. Legal Officer

(Last)

(First)

(Middle)

ONE BUSCH PLACE

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2007

(Street)

ST LOUIS, MO 63118-1852

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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Options (Right to Buy) - ISO

$ 51.89

12/10/2007

D⁽¹⁾

1,927

⁽¹⁾

11/27/2017

Common Stock

1,927

⁽¹⁾

Employee Stock Options (Right to Buy) - ISO

$ 51.89

12/10/2007

A⁽¹⁾

1,927

⁽¹⁾

11/27/2017

Common Stock

1,927

⁽¹⁾

1,927

Employee Stock Options (Right to Buy) - NQ

$ 51.89

12/10/2007

D⁽¹⁾

210,095

⁽¹⁾

11/27/2017

Common Stock

210,095

⁽¹⁾

Employee Stock Options (Right to Buy) - NQ

$ 51.89

12/10/2007

A⁽¹⁾

210,095

⁽¹⁾

11/27/2017

Common Stock

210,095

⁽¹⁾

210,095

Phantom Stock Units

⁽²⁾

⁽³⁾

Common Stock

⁽³⁾

3,125

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BOBAK MARK T ONE BUSCH PLACE ST LOUIS, MO 63118-1852			Grp. VP and Chf. Legal Officer

Signatures

/s/ Laura H. Reeves, Attorney-in-Fact for Mark T. Bobak		12/11/2007
^**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)	The reported transactions involved an amendment of two outstanding options (which was approved by the Compensation Committee), resulting in the deemed cancellation of the "old" options and the grant of two replacement options. The options were originally granted on November 28, 2007 and provided for vesting in three equal annual installments commencing on November 28, 2008 and would expire November 27, 2017. Unvested options, which would have been forfeited upon resignation, will vest and remain exercisable in accordance with their original schedule.
(2)	Each phantom share represents the value of one actual share of Common Stock.
(3)	Represents Reporting Person's interest in phantom shares of Anheuser-Busch Companies, Inc. resulting from participation in the Anheuser-Busch 401(k) Restoration Plan. Phantom shares have no exercise feature nor any expiration date.
Remarks: The Reporting Person had multiple transactions on December 10, 2007. Due to a limitation on the number of transactions that can be electronically filed on a Form 4, the Reporting Person is reporting these transactions on two separate Form 4s. This Form 4 is 2 of 2.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.