SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Expires: December 31, 2014 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* BLODNICK MICHAEL J (Last) (First) (Middle) (Street) (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol GLACIER BANCORP INC [ GBCI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) President/CEO
	3. Date of Earliest Transaction (Month/Day/Year) 04/28/2003
	4. If Amendment, Date of 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

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(1)(2)(3)	04/28/2003		J		2,000	D	0	89,134	D
Common Stock(1)(2)(4)	04/28/2003		J		2,000	A	0	55,826	I	See footnotes
Common Stock(5)	06/06/2003		G		1,400	D	0	54,426	I	See footnotes
Common Stock(6)	06/10/2003		G		150	D	0	54,276	I	See footnotes

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 Securities Underlying Derivative Security (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: 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
Option(1)	17.082	01/27/1999		A		7,988		01/27/2001	01/27/2004	Common Stock	7,988	$17.082	7,988	D
Option(1)	12.391	01/26/2000		A		3,206		01/26/2002	01/26/2005	Common Stock	3,206	$12.391	3,206	D
Option(1)	12.327	01/31/2001		A		3,107		01/31/2003	01/31/2006	Common Stock	3,107	$12.327	3,107	D
Option(1)	15.909	11/20/2001		A		5,500		11/20/2003	11/20/2006	Common Stock	5,500	$15.909	5,500	D
Option(1)	19.9	01/30/2002		A		2,915		01/30/2004	01/30/2007	Common Stock	2,915	$19.9	2,915	D
Option(1)	22.136	01/29/2003		A		3,300		01/29/2005	01/29/2008	Common Stock	3,300	$22.136	3,300	D

Explanation of Responses:

1. Balances are adjusted for 10% stock dividend payable May 22, 2003 to all shareholders of Glacier Bancorp, Inc.

2. Shares transferred from account held jointly with Mr. Blodnick's wife to family partnership account.

3. Includes 78013 shares held jointly with Mr. Blodnick's wife and 11121 shares held in Mr. Blodnick's Company profit sharing plan.

4. Includes 1760 shares that Mr. Blodnick is custodian for his children, 11436 shares held in an IRA account for the benefit of Mr. Blodnick's wife, 39530 shares owned by Mr. Blodnick's wife and 3100 shares held in a family partnership.

5. Includes 1760 shares that Mr. Blodnick is custodian for his children, 11436 shares held in an IRA account for the benefit of Mr. Blodnick's wife, 39530 shares owned by Mr. Blodnick's wife and 1700 shares held in a family partnership.

6. Includes 1760 shares that Mr. Blodnick is custodian for his children, 11436 shares held in an IRA account for the benefit of Mr. Blodnick's wife, 39530 shares owned by Mr. Blodnick's wife and 1550 shares held in a family partnership.

	/s/ Michael J. Blodnick	06/10/2003
	** Signature of Reporting Person	Date
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