Checkpoint Systems Inc - Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	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

1. Name and Address of Reporting Person ^*

Gremillet Bernard

2. Date of Event Requiring Statement (MM/DD/YYYY) 12/4/2007

3. Issuer Name and Ticker or Trading Symbol

CHECKPOINT SYSTEMS INC [CKP]

(Last) (First) (Middle)

C/O CHECKPOINT SYSTEMS, INC., 101 WOLF DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
Exec VP Geographies /

(Street)

THOROFARE, NJ 08086

(City) (State) (Zip)

5. 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 Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	20000 ⁽¹⁾ ⁽²⁾	D
Common Stock	1143 ⁽³⁾	D
Common Stock	1000 ⁽⁴⁾	I	Shares owned through a family trust
Common Stock	4000	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	4/4/2008	4/4/2017	Common Stock	20000	$23.735	D
Employee Stock Option (right to buy)	4/30/2005	4/30/2014	Common Stock	15000	$16.14	D
Employee Stock Option (right to buy)	4/1/2006	4/1/2015	Common Stock	14300	$16.94	D
Employee Stock Option (right to buy)	2/17/2007	2/17/2016	Common Stock	32020	$28.89	D

Explanation of Responses:
( 1)	The Restricted Stock Unit vest 5,000 each year beginning February 17, 2007.
( 2)	Each restricted stock unit represents a contingent right to receive one share of CKP common stock.
( 3)	All shares acquired through Deferred Compensation Plan
( 4)	Shares held in a family trust fund

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Gremillet Bernard C/O CHECKPOINT SYSTEMS, INC. 101 WOLF DRIVE THOROFARE, NJ 08086			Exec VP Geographies

Signatures
Carol Welch p/o/a Bernard Gremillet		12/6/2007
^** 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 5(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.