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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

PUCHNER ALEX
2. Issuer Name and Ticker or Trading Symbol

BJs RESTAURANTS INC [ BJRI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Sr. Vice President Brewing Ops
(Last)          (First)          (Middle)

7755 CENTER AVENUE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

11/21/2007
(Street)

HUNTINGTON BEACH, CA 92647
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, no par value                  29500   D    
Common Stock, no par vale   11/21/2007     M    25000   A $1.88   25000   D    
Common Stock, no par value   11/21/2007     S    25000   D $17.74   0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Common Stock Purchase Option   $1.875   11/21/2007           25000    1/27/1999   1/27/2008   Common Stock   25000   $1.88   0   D    
Common Stock Purchase Option   $3.650                   6/8/2002   (1) 6/8/2011   Common Stock   75000     75000   D    
Common Stock Purchase Option   $13.57                   2/9/2005   (2) 4/15/2014   Common Stock   2500     1500   D    
Common Stock Purchase Option   $15.50                   2/22/2007   (3) 2/22/2015   Common Stock   4570     0   D    
Common Stock Purchase Option   $23.26                   1/4/2007   (2) 1/4/2016   Common Stock   10000     2000   D    
Common Stock Purchase Option   $19.96                   1/3/2008   (2) 1/3/2017   Common Stock   7500     0   D    

Explanation of Responses:
( 1)  The options vest 33 1/3% per year beginning on the first anniversary of the date of grant.
( 2)  The options vest 20% per year beginning on the first anniversary of the date of grant.
( 3)  The options vest 33 1/3% per year beginning on the third anniversary of the date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
PUCHNER ALEX
7755 CENTER AVENUE
SUITE 300
HUNTINGTON BEACH, CA 92647


Sr. Vice President Brewing Ops

Signatures
Dianne Scott, Attorney-in-fact for Alex Puchner 11/26/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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.
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.
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