Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  MOSCHELLA FRANCIS B
 2. Date of Event Requiring Statement (Month/Day/Year)
11/15/2006		 3. Issuer Name and Ticker or Trading Symbol
PALL CORP [PLL]
(Last)
(First)
(Middle)
PALL CORPORATION, 2200 NORTHERN BLVD.		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
VP, Corporate Controller
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

EAST HILLS, NY 11548		 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 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 0
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 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)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (Rights to Buy) 07/27/2007 07/27/2013 Common Stock 600 $ 25.85 D  
Employee Stock Options (Rights to Buy) 07/27/2008 07/27/2013 Common Stock 600 $ 25.85 D  
Employee Stock Options (Rights to Buy) 07/27/2009 07/27/2013 Common Stock 600 $ 25.85 D  
Employee Stock Options (Rights to Buy) 07/27/2010 07/27/2013 Common Stock 600 $ 25.85 D  
Restricted Stock Units 07/27/2010 07/27/2010 Common Stock 1,606.46 (1) $ (2) D  
Base Salary Units 07/31/2010(5) 07/31/2010(5) Common Stock 59.44 (3) $ 0 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MOSCHELLA FRANCIS B
PALL CORPORATION
2200 NORTHERN BLVD.
EAST HILLS, NY 11548		       VP, Corporate Controller

Signatures

Francis B Moschella 11/21/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) This amount includes 6.46 dividend equivalent units.
(2) The Units will vest and become convertible into shares of Common Stock of the Issuer on a one-for-one basis on the date shown in Column 2 provided the Reporting Person is still employed by the Issuer or a subsidiary on that date. If employment terminates sooner, the Units will be forfeited unless termination of employment occurs because of death, disability, retirement, or termination of employment without cause, in any of which events the Units may vest in whole or in part.
(3) This amount includes 0.24 dividend equivalent units.
(4) 1 for 1, subject to adjustments if the reporting person's employment with the Issuer terminates under certain circumstances prior to the fourth anniversary of the date on which the units were granted.
(5) The Date Exercisable (vesting date) and the Expiration Date are the fourth anniversary date of the allocation date or, if sooner, the date on which the reporting person's employment with the Issuer terminates, or, if later, the date to which the reporting person elects to defer receipt of common stock beyond the vesting date.

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

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