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 *
Gourlay Ian
  2. Issuer Name and Ticker or Trading Symbol
BEAM INC [NYSE: BEAM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP Operations & Supply Chain
(Last)
(First)
(Middle)
BEAM INC., 510 LAKE COOK ROAD
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2012
(Street)

DEERFIELD, IL 60015
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, par value $3.125 05/14/2012   M(1)   9,491 A $ 35.6741 9,851 (7) D  
Common Stock, par value $3.125 05/14/2012   S   9,491 D $ 58.5284 (4) 360 (7) D  
Common Stock, par value $3.125 05/14/2012   M(1)   1,909 A $ 36.2468 2,269 (7) D  
Common Stock, par value $3.125 05/14/2012   S   1,909 D $ 58.5284 (4) 360 (7) D  
Common Stock, par value $3.125 05/15/2012   M(1)   5,142 A $ 36.2468 5,502 (7) D  
Common Stock, par value $3.125 05/15/2012   S   5,142 D $ 58.1128 (5) 360 (7) D  
Common Stock, par value $3.125 05/15/2012   M(1)   859 A $ 36.2468 1,219 (7) D  
Common Stock, par value $3.125 05/15/2012   S   859 D $ 58.506 (6) 360 (7) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Stock Options (Right to Buy) $ 35.6741 05/14/2012   M(1)     9,491   (2) 09/30/2016 Common Stock 9,491 $ 0 12,046 D  
Stock Options (Right to Buy) $ 36.2468 05/14/2012   M(1)     1,909   (3) 02/22/2017 Common Stock 1,909 $ 0 26,080 D  
Stock Options (Right to Buy) $ 36.2468 05/15/2012   M(1)     6,001   (3) 02/22/2017 Common Stock 6,001 $ 0 20,079 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Gourlay Ian
BEAM INC.
510 LAKE COOK ROAD
DEERFIELD, IL 60015
      SVP Operations & Supply Chain  

Signatures

 Leslie W. Jensen, Attorney-in-Fact for Ian Gourlay   05/16/2012
**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) Reflects the exercise of stock options issued under the Issuer's Long-Term Incentive Plans.
(2) The options vested as to 9,491 shares on September 30, 2011 and will vest as to the remaining 12,046 shares on September 30, 2013.
(3) The options vested as to 7,910 shares of February 22, 2011 and 10,040 shares as of February 22, 2012, and will vest as to the remaining 10,039 shares on February 22, 2013.
(4) The price in column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices ranging from $58.50 to $58.58, inclusive. The Reporting Person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.
(5) The price in column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices ranging from $58.10 to $58.13, inclusive. The Reporting Person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.
(6) The price in column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices ranging from $58.50 to $58.52, inclusive. The Reporting Person undertakes to provide to the SEC, the Issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.
(7) Includes 360 shares acquired under the Beam Employee Stock Purchase Plan.

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