1. Name and Address of Reporting Person
McCluski, Stephen C.
One Bausch & Lomb Place
Rochester, NY 14604-
2. Issuer Name and Ticker or Trading Symbol
Bausch & Lomb Incorporated (BOL)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
2/2003
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
Senior Vice President and Chief Financial Officer
7. 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 |2. Trans- |3. Trans- |4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature |
| | action | action | or Disposed of (D) | Securities | ship | of In- |
| | Date | Code | | Beneficially | Form: | direct |
| | | | | Owned at | Direct | Bene- |
| | (Month/ | | | End of | (D) or | ficial |
| | Day/ +-------+-----+-----------+------+----------+ Month | Indirect| Owner- |
| | Year) |Code |V |Amount |A/D |Price | | (I) | ship |
+---------------------------------+----------+-------+-----+-----------+------+----------+----------------+-----------+------------+
Common Stock 02/26/2003 J 866 A $30.4200 15577 D
Common Stock 267 I By 401(k)
Plan
Class B Stock 02/25/2003 J -2000 D $0.0000 D
Class B Stock 02/26/2003 F -484 D $30.4200 D
Class B Stock 02/26/2003 J -866 D $30.4200 26268 D
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+
|1. |2. |3. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | |Number |Owner- | |
| | | | | | | | |of |ship | |
| | | | | | | | |Deriv- |Form of| |
| | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | |of Underlying | |Secur- |ative |Nature |
| |Conver- | | |Number of | |Securities | |ities |Secur- |of |
| |sion or | | |Derivative |Date Exercisable +-------+--------+ |Benefi- |ity: |In- |
| |Exercise| | |Securities |and Expiration Date | |Amount | |cially |Direct |direct |
| |Price of|Transac- |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |tion Date |tion Code|Disposed(D)+----------+----------+ |Number |Price of |at End |In- |ficial |
|Derivative |ative |(Month/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative|of |direct |Owner- |
|Security |Security|Day/Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security |Month |(I) |ship |
+-------------+--------+----------+------+--+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+
Phantom Stock $0 02/25/2003 J 2000 Common 2000 $0.0000 I LTI
Stock Deferred
Compensa
tion
Plan
Phantom Stock $0 02/25/2003 A 40 Common 40 $0.0000 12240 I LTI
Stock Deferred
Compensa
tion
Plan
Non-Qualified $29.845 02/25/2003 A 40000 02/25/2004 02/25/2013 Class B 40000 $29.8450 40000 D
Stock Options Stock
Explanation of Responses:
Exchange of Class B stock for an equal amount of Common stock, as a result of a
restricted stock vesting.
Exchange of Class B stock for an equal amount of Phantom stock units deposited
into the reporting person's deferred compensation account on a 1-for-1 basis as
a result of a restricted stock vesting.
1 - for - 1 conversion.
The reported phantom stock units were acquired under the Company's Deferred
Compensation Plan and will be settled upon the reporting person's payout
election.
The option vests annually in three equal installments from the date of grant.
SIGNATURE OF REPORTING PERSON
/s/ Jean F. Geisel, pusuant to
power of attorney for Stephen C. McCluski
DATE
02/27/2003