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^*

WAGNER ROBERT N

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP-RESERVOIR ENGINEERING

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2009

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	12/01/2009		M		3,150	A	$11.9167	148,495	D
Common Stock, $.01 par value	12/01/2009		S		3,000	D	$13.5786⁽²⁾	145,495	D
Common Stock, $.01 par value	12/01/2009		M		17,088	A	$5.505	162,583	D
Common Stock, $.01 par value	12/01/2009		S		9,000	D	$13.5786⁽²⁾	153,583	D
Common Stock, $.01 par value								3,014	I	By 401(k) plan⁽¹⁾

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)
Stock Option⁽³⁾	$11.9167⁽⁴⁾	12/01/2009		M			3,150⁽⁴⁾	⁽⁴⁾	12/21/2009	Common Stock, $.01 par value	3,150⁽⁴⁾	$0	0	D
Stock Option⁽³⁾	$5.505⁽⁵⁾	12/01/2009		M			17,088⁽⁵⁾	⁽⁵⁾	01/07/2010	Common Stock, $.01 par value	17,088⁽⁵⁾	$0	0	D

Explanation of Responses:

1. The reporting person owned 917.9894 units of a Unitized Stock Fund under a 401(k) plan as of October 31, 2009. Such units equate to 3,014 shares of common stock.

2. This transaction was executed in multiple trades at prices from $13.57 to $13.60. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. Represents a right to buy.

4. This stock option was previously reported as covering 1,575 shares at an exercise price of $23.8333 per share, but was adjusted to reflect the 2-for-1 stock split that occurred on January 31, 2008. This stock option vested in three equal annual installments beginning on December 21, 2005, with full vesting on December 21, 2007.

5. This stock option was previously reported as covering 8,544 shares at an exercise price of $11.01 per share, but was adjusted to reflect the 2-for-1 stock split that occurred on January 31, 2008. This stock option vested in five equal annual installments beginning on January 7, 2005, with full vesting on January 7, 2009.

Remarks:

	/s/ Robert N. Wagner	12/03/2009
	** 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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