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 *
FETSCHER ALLEN J
  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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
49 COMMONS LOOP
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2007
(Street)

KALISPELL, MT 59901
4. If Amendment, Date Original Filed(Month/Day/Year)
09/05/2007
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 08/31/2007   S   250 D $ 21.84 129,316 I (1) (2) Family corporation
Common Stock 08/31/2007   S   400 D $ 21.88 128,916 I (1) (2) Family corporation
Common Stock 08/31/2007   S   200 D $ 21.89 128,716 I (1) (2) Family corporation
Common Stock 08/31/2007   S   700 D $ 21.9 128,016 I (1) (2) Family corporation
Common Stock 08/31/2007   S   731 D $ 21.93 127,285 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 21.94 127,185 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 21.95 127,085 I (1) (2) Family corporation
Common Stock 08/31/2007   S   600 D $ 21.96 126,485 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 21.98 126,385 I (1) (2) Family corporation
Common Stock 08/31/2007   S   700 D $ 22 125,685 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 22.03 125,585 I (1) (2) Family corporation
Common Stock 08/31/2007   S   1,000 D $ 22.04 124,585 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 22.05 124,485 I (1) (2) Family corporation
Common Stock 08/31/2007   S   400 D $ 22.06 124,085 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 22.07 123,985 I (1) (2) Family corporation
Common Stock 08/31/2007   S   1,200 D $ 22.1 122,785 I (1) (2) Family corporation
Common Stock 08/31/2007   S   1,100 D $ 22.15 121,685 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 22.17 121,585 I (1) (2) Family corporation
Common Stock 08/31/2007   S   1,456 D $ 22.2 120,129 I (1) (2) Family corporation
Common Stock 08/31/2007   S   100 D $ 22.24 120,029 I (1) (2) Family corporation
Common Stock 08/31/2007   S   1,463 D $ 22.27 118,566 I (1) (2) Family corporation
Common Stock               83,724 I (1) (2) Wife
Common Stock               68,477 I (1) (2) In trust
Common Stock               84,697 D (1) (2)  

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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
Stock Option (right to buy) $ 9.44             07/29/2003 01/29/2008 Common Stock 3,869   3,869 D  
Stock Option (right to buy) $ 13.37             07/28/2004 01/28/2009 Common Stock 3,516   7,385 D  
Stock Option (right to buy) $ 16.67             07/26/2005 01/26/2010 Common Stock 3,722   11,107 D  
Stock Option (right to buy) $ 20.96             07/25/2006 01/25/2011 Common Stock 3,750   14,857 D  
Stock Option (right to buy) $ 23.47             07/30/2007 01/31/2012 Common Stock 2,500   17,357 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FETSCHER ALLEN J
49 COMMONS LOOP
KALISPELL, MT 59901
  X      

Signatures

 LeeAnn Wardinsky on behalf of Allen J. Fetscher   10/26/2007
**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).
(1) Shares are adjusted for a three-for-two stock split paid to all Glacier Bancorp, Inc. shareholders on December 14, 2006.
(2) Amended to correctly reflect shares held.

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