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 *
VAN DER MERWE ROBERT P
   2. Issuer Name and Ticker or Trading Symbol
PAXAR CORP [PXR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
105 CORPORATE PARK DRIVE		 3. Date of Earliest Transaction (Month/Day/Year)
06/15/2007
(Street)

WHITE PLAINS, NY 10604		 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 06/15/2007   D   75,000 D (1) 0 D  

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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 Option (right to buy) $ 17.36 06/15/2007   D     25,000   (2) 04/25/2015 Common Stock 25,000 (2) 0 D  
Stock Option (right to buy) $ 17.91 06/15/2007   D     40,000   (3) 06/06/2015 Common Stock 40,000 (3) 0 D  
Stock Option (right to buy) $ 20.35 06/15/2007   D     30,000   (4) 01/26/2016 Common Stock 30,000 (4) 0 D  
Stock Option (right to buy) $ 22.02 06/15/2007   D     42,098   (5) 01/25/2017 Common Stock 42,098 (5) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
VAN DER MERWE ROBERT P
105 CORPORATE PARK DRIVE
WHITE PLAINS, NY 10604		   X     President and CEO  

Signatures

 /s/ Robert S. Stone, Attorney-in-Fact   06/19/2007
**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) Pursuant to a merger agreement between the issuer and Avery Dennison Corporation, these shares were disposed of for $30.50 per share at the effective time of the merger.
(2) The reporting person was granted options to purchase 50,000 shares of common stock on April 25, 2005, which became exercisable in four equal annual installments beginning on April 25, 2006. 25,000 shares remain unexercised and were cancelled in the merger between the issuer and Avery Dennison Corporation in exchange for options of Avery Dennisons's common stock, representing the product of 25,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 trading days immediately prior to the merger.
(3) The reporting person was granted options to purchase 80,000 shares of common stock on July 6, 2005, which became exercisable in four equal annual installments beginning on July 6, 2006. 40,000 shares remain unexercised and were cancelled in the merger between the issuer and Avery Dennison Corporation in exchange for options of Avery Dennisons's common stock, representing the product of 40,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 trading days immediately prior to the merger.
(4) The reporting person was granted options to purchase 40,000 shares of common stock on January 26, 2006, which became exercisable in four equal annual installments beginning on January 26, 2007. 30,000 shares remain unexercised and were cancelled in the merger between the issuer and Avery Dennison Corporation in exchange for options of Avery Dennisons's common stock, representing the product of 30,000 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 trading days immediately prior to the merger.
(5) The reporting person was granted options to purchase 42,098 shares of common stock on January 25, 2007, which became exercisable in four equal annual installments beginning on January 25, 2008. 42,098 shares remain unexercised and were cancelled in the merger between the issuer and Avery Dennison Corporation in exchange for options of Avery Dennisons's common stock, representing the product of 42,098 shares of common stock and $30.50 divided by the average Avery Dennison stock price of $64.819 over the 20 trading days immediately prior to the merger.

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