Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Chapin Bradley D
2. Date of Event Requiring Statement (Month/Day/Year)
10/20/2010
3. Issuer Name and Ticker or Trading Symbol
MARSHALL & ILSLEY CORP [MI]
(Last)
(First)
(Middle)
770 N. WATER ST.
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MILWAUKEE, WI 53202
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 10,444 (1)
D
 
Common Stock 15,503.2046 (2)
I
By Deferred Compensation Plan
Common Stock 23,499.3597
I
By Retirement Plan
Common Stock 23.1374
I
By Child

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   (3) 12/20/2011 Common Stock 8,017 $ 23.911 D  
Stock Option (Right to Buy)   (4) 10/25/2012 Common Stock 12,026 $ 21.3665 D  
Stock Option (Right to Buy)   (5) 10/27/2013 Common Stock 10,022 $ 26.0364 D  
Stock Option (Right to Buy)   (6) 10/27/2014 Common Stock 16,034 $ 31.3949 D  
Stock Option (Right to Buy)   (7) 10/28/2015 Common Stock 16,034 $ 32.046 D  
Stock Option (Right to Buy)   (8) 10/30/2016 Common Stock 14,431 $ 35.975 D  
Stock Option (Right to Buy)   (9) 10/19/2017 Common Stock 14,431 $ 31.4024 D  
Stock Option (Right to Buy) 10/29/2009(10) 10/29/2018 Common Stock 16,600 $ 18.66 D  
Stock Option (Right to Buy)   (11) 11/05/2019 Common Stock 22,000 $ 5.21 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chapin Bradley D
770 N. WATER ST.
MILWAUKEE, WI 53202
      Senior Vice President  

Signatures

/s/ Jodi W. Rosenthal, attorney-in-fact for Mr. Chapin 10/25/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) 2,994 of these shares were acquired as stock salary by the Reporting Person. The shares were fully vested at the time of grant, but are subject to transfer restrictions. One third of each of the respective stock salary shares will be released from the transfer restrictions on calendar year quarter end depending upon the respective grant dates. For more information, please see the Current Report on Form 8-K filed by the Company on December 29, 2009.
(2) 13,753 of these shares were acquired as grants of restricted stock and are subject to the Reporting Person's continued employment with the Company and subject to accelerated vesting upon the death of the Reporting Person. These shares will be fully vested on the third anniversary of the date of grant for each respective award. However, as long as the Company is a "TARP recipient," as defined under the Interim Final Rules, these awards may become transferable only in 25% increments at the time of the Company's repayment of 25%, 50%, 75% and 100%, respectively, of the financial assistance it received under the U.S. Treasury's Capital Purchase Program, or as may be required to satisfy tax obligations incurred in connection with the vesting of the restricted shares.
(3) Vests in three equal installments commencing on the first anniversary of the original grant date of 12/20/2001.
(4) Vests in three equal installments commencing on the first anniversary of the original grant date of 10/25/2002.
(5) Vests in three equal installments commencing on the first anniversary of the original grant date of 10/27/2003.
(6) Vests in three equal installments commencing on the first anniversary of the original grant date of 10/27/2004.
(7) Vests in three equal installments commencing on the first anniversary of the original grant date of 10/28/2005.
(8) Vests in three equal installments commencing on the first anniversary of the original grant date of 10/30/2006.
(9) Vests in three equal installments commencing on the first anniversary of the original grant date of 10/19/2007.
(10) Vests in three equal annual installments commencing on 10/29/2009.
(11) Vests annually in three equal installments commencing on the first anniversary of the original grant date of 11/05/2009.

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