X0201 4 2004-01-01 0 0000880115 CLAYTON WILLIAMS ENERGY INC /DE CWEI 0001200313 SMITH JORDAN R 7000 E. QUINCY AVENUE, APT. F416 DENVER CO 80237 1 0 0 0 Common Stock, $.10 par value 4000 D Common Stock, $.10 par value 400 I See Outside Directors Stock Option Plan 28.93 2004-01-01 4 A 0 1 0 A 2004-06-01 2014-01-01 Common Stock, $.10 par value 1000 4 D Amount presented includes the right to acquire 4,000 shares through the exercise of stock options. Indirect ownership shares are owned by Mr. Smith's wife. /s/ Jordan R. Smith by L. Paul Latham as attorney-in-fact 2004-01-05