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 *
Leight Nathan
   2. Issuer Name and Ticker or Trading Symbol
BOISE INC. [BZ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
TERRAPIN PARTNERS, LLC, 60 EDGEWATER DRIVE - UNIT TSK		 3. Date of Earliest Transaction (Month/Day/Year)
03/15/2010
(Street)

CORAL GABLES, FL 33133		 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 03/15/2010   A   18,315 A $ 0 3,441,762 (1) (2) D  
Common Stock               10,000 I Held by Nathan Leight IRA

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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
Warrants (3) $ 7.5             06/19/2008 06/18/2011 Common Stock 1,502,900   1,502,900 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Leight Nathan
TERRAPIN PARTNERS, LLC
60 EDGEWATER DRIVE - UNIT TSK
CORAL GABLES, FL 33133		   X      

Signatures

 /s/ Karen Gowland, Attorney-in-Fact for Nathan D. Leight   03/16/2010
**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) Following a review of Mr. Leight's brokerage statements, we became aware that Mr. Leight's direct holdings have been under reported by one share on his previous Form 4 filings. Accordingly, Mr. Leight's direct holdings have been increased by one share.
(2) Mr. Leight's 3,441,762 shares include 3,190,889 shares held directly; his 2009 service-condition vesting restricted stock award of 232,558 shares, which vested in full on March 15, 2010; and his March 15, 2010, service-condition vesting restricted stock award of 18,315 shares, which will vest on March 15, 2011.
(3) Each warrant entitles Mr. Leight the right to purchase one share of Boise Inc. common stock.
 
Remarks:
Mr. Leight's previous Form 4 filings have reported that Mr. Leight holds an indirect beneficial ownership of 1,724,944 shares held by the Elizabeth Leight TTEE U/A DTD 04/13/1998 Leight Family 1998 Irrevocable Trust.  Pursuant to Mr. Leight's Schedule 13D, Amendment No. 2, filing dated and filed with the SEC on December 29, 2009, this trust is an irrevocable trust for the benefit of Mr. Leight's children and the voting authority no longer resides with Mr. Leight.  Accordingly, the shares held by this trust have been removed from this Form 4 filing.

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