SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ----------------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Event Reported: September 25, 1997 Date of Report: September 26, 1997 Boise Cascade Office Products Corporation State of Commission IRS Employer Incorporation File Number Identification No. Delaware 1-13662 82-0477390 800 West Bryn Mawr Avenue Itasca, Illinois 60143 (630) 773 - 5000 ITEM 5. OTHER EVENTS. On September 25, 1997, Boise Cascade Office Products Corporation ("BOP")issued 2,250,000 shares of unregistered common stock, all of which was purchased by Boise Cascade Corporation ("BCC"). The transaction was completed at a price of $21.5495 per share, for a total of $48,486,375. The proceeds from the transaction will be used to reduce BOP's outstanding short-term borrowings. After the transaction, BCC owns 53,000,000 shares, or 81.3%, of BOP's outstanding common stock. If the shares had been issued on January 1, 1996, unaudited pro forma net income for the year ended December 31, 1996, would have increased to $57.1 million from $55.3 million and unaudited pro forma earnings per share for the same period would have decreased to $.88 from $.89. If the shares had been issued on January 1, 1997, unaudited pro forma net income for the six months ended June 30, 1997, would have increased to $27.5 million from $26.6 million and unaudited pro forma earnings per share for the same period would have remained $.42. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Not applicable. (b) Not applicable. (c) Exhibits The exhibits to this Report are listed in the Exhibit Index. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BOISE CASCADE OFFICE PRODUCTS CORPORATION /s/ Darrell R. Elfeldt Darrell R. Elfeldt Vice President and Controller Date: September 26, 1997 Exhibit Index Exhibit No. Description Page 99 News Release Issued by BOP on September 26, 1997