SEC FORM 4

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 THOMAS F

(Last)

(First)

(Middle)

777 WEST ROSEDALE STREET

(Street)

FORT WORTH

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)
	Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2001

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.01 par value	04/24/2001		P		2,790⁽¹⁾	A	$2.1603⁽¹⁾	2,684,220⁽²⁾	D
Common Stock, $.01 par value	06/30/2008		G	V	8,652⁽³⁾	A	$0	2,684,220⁽⁴⁾⁽⁵⁾⁽⁶⁾	D
Common Stock, $.01 par value								1,100	I	By Spouse
Common Stock, $.01 par value	06/30/2008		G	V	43,252⁽⁴⁾	D	$0	0⁽⁴⁾	I	By Thomas Darden 2006 Grantor Retained Annuity Trust
Common Stock, $.01 par value								192,166⁽⁵⁾	I	By Thomas Darden 2007 Grantor Retained Annuity Trust
Common Stock, $.01 par value								115,290⁽⁶⁾	I	By Thomas Darden 2008 Grantor Retained Annuity Trust
Common Stock, $.01 par value								41,677,288⁽⁷⁾	I	By Quicksilver Energy, L.P.
Common Stock, $.01 par value								92,841⁽⁸⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The 465 shares of Quicksilver Resources Inc. common stock purchased by the reporting person at a price of $12.9618 per share on April 24, 2001 are equal to 2,790 shares at a price of $2.1603 per share on the date of this report because the stock split (i) 2-for-1 on June 30, 2004, (ii) 3-for-2 on June 30, 2005, and (iii) 2-for-1 on January 31, 2008.

2. This total includes the purchase of 10,000 shares of Quicksilver Resources Inc. common stock described in the Form 4 filed by the reporting person with the Securities and Exchange Commission on June 10, 1999 but not included in the totals reported in subsequent Forms 4 and 5. The 10,000 shares are equal to 60,000 shares on the date of this report because the stock split (i) 2-for-1 on June 30, 2004, (ii) 3-for-2 on June 30, 2005, and (iii) 2-for-1 on January 31, 2008.

3. Represents remainder interest distribution from family member trust.

4. On June 30, 2008, the Thomas Darden 2006 Grantor Retained Annuity Trust (the "Trust") terminated. Effective as of that date, the reporting person received the final annuity distribution of 42,384 shares of Quicksilver Resources Inc. common stock from the Trust, and 43,252 shares of Quicksilver Resources Inc. common stock, representing the remainder interest in the Trust, were distributed by the Trust to Quicksilver Energy, L.P. at the direction of the Trust's beneficiaries.

5. Effective May 10, 2008, 64,254 shares of Quicksilver Resources Inc. common stock were distributed from the Thomas Darden 2007 Grantor Retained Annuity Trust to the reporting person.

6. Effective October 24, 2008, the reporting person transferred 115,290 directly owned shares of Quicksilver Resources Inc. common stock to the Thomas Darden 2008 Grantor Retained Annuity Trust.

7. These shares are owned directly by Quicksilver Energy, L.P. 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.

8. The reporting person owned 28,565.0979 units of a Unitized Stock Fund under a 401(k) plan as of November 13, 2008. Such units equate to 92,841 shares of common stock of Quicksilver Resources Inc.

Remarks:

	/s/ Thomas F. Darden	12/12/2008
	** 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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