ASSOCIATED BANC-CORP — Director's Dealing 2008

Jun 6, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2008-06-04

Reporting Person: GALLAGHER ROBERT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-04	Common Stock $.01 Par Value	M	50000	$16.7	Acquired	488285	Direct
2008-06-04	Common Stock $.01 Par Value	M	63940	$16.84	Acquired	552225	Direct
2008-06-04	Common Stock $.01 Par Value	M	5936	$16.84	Acquired	558161	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-04	Incentive Stock Option (right to buy)	$16.84	M	5936	Disposed	2010-01-26	Common Stock $.01 Par Value (5936)	Direct
2008-06-04	Non-Qualified Stock Option (right to buy)	$16.7	M	50000	Disposed	2009-01-27	Common Stock $.01 Par Value (50000)	Direct
2008-06-04	Non-Qualified Stock Option (right to buy)	$16.84	M	63940	Disposed	2010-01-26	Common Stock $.01 Par Value (63940)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	0	Indirect
Common Stock $.01 Par Value	6463	Indirect

Footnotes

F1: Options vest in annual increments over 3 years; 34% on the first anniversary after the grant date, and 33% on the second and third anniversaries after the grant date, respectively.