SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DARDEN GLENN

(Last) (First) (Middle)
777 WEST ROSEDALE
SUITE 300

(Street)
FORT WORTH TX 76104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUICKSILVER RESOURCES INC [ KWK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/22/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. 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, $.01 par value 12/22/2005 G V 44,300 D (1) 1,335,781 D
Common Stock, $.01 par value 340,050(2) I As co-trustee for Darden family trusts
Common Stock, $.01 par value 13,113,435(3) I By Mercury Exploration Company
Common Stock, $.01 par value 9,092,583(3) I By Quicksilver Energy, L.P.
Common Stock, $.01 par value 3,112(4) I By 401(k) plan
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 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: 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(5) $5.35 (6) 12/04/2006 Common Stock, $.01 par value 24,999 24,999 D
Stock Option(5) $7.36 (7) 02/11/2008 Common Stock, $.01 par value 16,524 16,524 D
Stock Option(5) $11.01 (8) 01/07/2010 Common Stock, $.01 par value 45,000 45,000 D
Stock Option(5) $23.83 (9) 12/21/2010 Common Stock, $.01 par value 17,062 17,062 D
Explanation of Responses:
1. Not applicable.
2. These shares are held in trusts for the benefit of the reporting person's nieces and nephews. The reporting person is a co-trustee of the trusts. The reporting person disclaims beneficial ownership of these securities and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
3. These shares are owned directly by Mercury Exploration Company or Quicksilver Energy, L.P., as indicated. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
4. The reporting person owned 2,053.4544 units of a Unitized Stock Fund under a 401(k) plan as of December 31, 2005. Such units equate to 3,112 shares of common stock.
5. Represents a right to buy.
6. The stock option vested in three equal annual installments beginning on December 4, 2002, with full vesting on December 4, 2004.
7. This stock option vests in three equal annual installments beginning on February 11, 2004, with full vesting on February 11, 2006.
8. This stock option vests in five equal annual installments beginning on January 7, 2005, with full vesting on January 7, 2009.
9. This stock option vests in three equal annual installments beginning on December 21, 2005, with full vesting on December 21, 2007.
Remarks:
Exhibit List Exhibit 24-Power of Attorney
Glenn Darden 01/06/2006
** 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 Number.