X0202 4 2005-08-10 0 0000320186 GREY WOLF INC GW 0001247368 RICHARDS THOMAS P 10370 RICHMOND AVE., STE 600 HOUSTON TX 77042 1 1 0 0 Chairman, President & CEO Grey Wolf, Inc. - Common Stock 2005-08-10 2005-08-10 4 X 0 150000 0.9375 A 216600 D Grey Wolf, Inc. - Common Stock 2005-08-10 2005-08-10 4 X 0 147500 6.32 A 364100 D Grey Wolf, Inc. - Common Stock 2005-08-10 2005-08-10 4 S 0 297500 7.702 D 66600 D 2003 Incentive Plan 0.9375 2005-08-10 2005-08-10 4 X 0 150000 0.00 D 2000-02-15 2009-02-15 Grey Wolf, Inc. - Common Stock 150000 1259800 D 2003 Incentive Plan 6.32 2005-08-10 2005-08-10 4 X 0 147500 0.00 D 2002-02-09 2011-02-09 Grey Wolf, Inc. - Common Stock 147500 1112300 D Reporting person has multiple options at various prices and dates. Thomas P. Richards 2005-08-12