The popular interpretation of token‐reflexivism states that at the level of logical form, indexicals and demonstratives are disguised descriptions that employ complex demonstratives or special quotation‐mark names involving particular tokens of the appropriate expression‐types. In this article I first demonstrate that this interpretation of token‐reflexivism is only one of many, and that it is better to think of token‐reflexivism as denoting a family of distinct theoretical frameworks. Second, I contrast two interpretations of the idea of the token‐reflexive paraphrase of an (...) indexical sentence. The utterance approach claims that token‐reflexive paraphrases involve tokens of entire utterances. The sub‐utterance approach maintains that token‐reflexive paraphrases involve tokens of the particular indexical words used in the utterance. Next, I pose a problem that shows that neither of the two approaches is correct. The problem shows that the only viable version of the token‐reflexive proposition must somehow take into account the referential intentions of the speaker of the context. Therefore I conclude the article by sketching the framework of restricted intentional token‐reflexivism. I argue that it is an attractive semantic theory of distributed utterances that, among other things, enables automatic and intentional indexicals to be distinguished. (shrink)