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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1391390	Boise Inc.	BZ	Papers & Allied Products (2600)	208356960

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1318338	W Jonathan Berger	Tellurian Partners, Llc 1170 Peachtree Street, Ne Atlanta GA 30309		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2009-09-15	500	$5.34	325,658	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Warrants	$7.50	2008-06-19	2011-06-18	10,000	10,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2011-06-18	10,000	10,000	Direct

Footnotes

Securities Disposed of are reported on the basis of the weighted average daily sales price received by Mr. Berger. The range of prices received for the shares were $5.330 to $5.342. Mr. Berger hereby undertakes to provide, upon request directed to Mr. Berger at the address set forth for him in Block 1, the volume and sales price detail on a separate transaction basis.
Mr. Berger's 325,658 shares include his 2009 time-vesting restricted stock award of 232,558 shares, which will vest on March 15, 2010; and 93,100 shares held directly.
Each warrant entitles Mr. Berger the right to purchase one share of Boise Inc. common stock.