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*
QUICKSILVER ENERGY LP

(Last) (First) (Middle)
777 WEST ROSEDALE STREET

(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)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 06/30/2008 J(1) 95,896 A $38.69 45,662,808(2)(3) D(4)
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
1. Name and Address of Reporting Person*
QUICKSILVER ENERGY LP

(Last) (First) (Middle)
777 WEST ROSEDALE STREET

(Street)
FORT WORTH TX 76104

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Pennsylvania Management, LLC

(Last) (First) (Middle)
777 WEST ROSEDALE STREET

(Street)
FORT WORTH TX 76104

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. On June 30, 2008, three grantor retained annuity trusts established by Messrs. Glenn Darden and Thomas Darden and Ms. Anne Self transferred, following their termination, a total of 95,896 shares of Quicksilver Resources Inc. common stock to Quicksilver Energy, L.P. pursuant to Contribution Agreements by and among Quicksilver Energy, L.P. and the trustees of eight Darden family member trusts, the beneficiaries of the grantor retained annuity trusts. The amount appearing in the price column of Column 4 of Table I is the average of the high and low sales prices of a share of Quicksilver Resources Inc. common stock on the New York Stock Exchange on June 30, 2008.
2. On April 3, 2007, the reporting persons jointly filed a Form 4 reporting the acquisition of 60,447 shares of Quicksilver Resources Inc. common stock, resulting in the ownership of 22,783,455 shares. The Form 4 should have reported the acquisition of 60,448 shares, resulting in the ownership of 22,783,456 shares.
3. On January 31, 2008, the common stock of Quicksilver Resources Inc. split 2-for-1, resulting in Quicksilver Energy, L.P.'s ownership of 22,783,456 additional shares of common stock.
4. These shares are owned directly by Quicksilver Energy, L.P. and indirectly by Pennsylvania Management LLC, the general partner of Quicksilver Energy, L.P. Pennsylvania Management, LLC disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that it 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.
Remarks:
Quicksilver Energy, L.P.; By: Pennsylvania Management, LLC, its General Partner; By: Glenn Darden, its President and Manager /s/ Glenn Darden 07/02/2008
Pennsylvania Management, LLC; By: Glenn Darden, its President and Manager /s/ Glenn Darden 07/02/2008
** 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).
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