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

OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person * YELVERTON WILLIAM F   2. Issuer Name and Ticker or Trading Symbol BAIRNCO CORP /DE/ [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) BAIRNCO CORP, 300 PRIMERA BLVD STE 432 3. Date of Earliest Transaction (Month/Day/Year) 04/13/2007 (Street) LAKE MARY, FL 32746 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 04/13/2007   U   42,633 D $ 13.5 0 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

Purchase Option

$ 4.625

04/13/2007

U

334

08/31/1997

08/31/2007

Common Stock

334

$ 4.625

12,167

D

Purchase Option

$ 4.875

04/13/2007

U

667

08/24/1997

08/24/2008

Common Stock

667

$ 4.875

11,500

D

Purchase Option

$ 6.5

04/13/2007

U

1,000

08/23/1997

08/23/2009

Common Stock

1,000

$ 6.5

10,500

D

Purchase Option

$ 9.75

04/13/2007

U

1,000

08/22/1998

08/22/2010

Common Stock

1,000

$ 9.75

9,500

D

Purchase Option

$ 6.875

04/13/2007

U

1,000

08/24/1999

08/24/2011

Common Stock

1,000

$ 6.875

8,500

D

Purchase Option

$ 7.4375

04/13/2007

U

1,000

08/24/2000

08/24/2012

Common Stock

1,000

$ 7.4375

7,500

D

Purchase Option

$ 7.3125

04/13/2007

U

1,000

04/24/2001

04/24/2013

Common Stock

1,000

$ 7.3125

6,500

D

Purchase Option

$ 7.23

04/13/2007

U

1,000

04/19/2002

04/19/2014

Common Stock

1,000

$ 7.23

5,500

D

Purchase Option

$ 5.55

04/13/2007

U

1,000

04/18/2003

04/18/2015

Common Stock

1,000

$ 5.55

4,500

D

Purchase Option

$ 5.1

04/13/2007

U

1,000

04/24/2004

04/24/2016

Common Stock

1,000

$ 5.1

3,500

D

Purchase Option

$ 8.47

04/13/2007

U

1,000

04/22/2005

04/22/2017

Common Stock

1,000

$ 8.47

2,500

D

Purchase Option

$ 10.75

04/13/2007

U

1,000

04/21/2006

04/21/2018

Common Stock

1,000

$ 10.75

1,500

D

Purchase Option

$ 11.61

04/13/2007

U

1,500

04/13/2007

04/13/2017

Common Stock

1,500

$ 11.61

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
YELVERTON WILLIAM F BAIRNCO CORP 300 PRIMERA BLVD STE 432 LAKE MARY, FL 32746	X

Signatures

William F. Yelverton		04/17/2007
**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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.