4 1 0001.txt FORM 4 - AUGUST 2000 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Kirchner, King P 1000 Kensington Tower 7130 South Lewis Tulsa, OK 74136 USA 2. Issuer Name and Ticker or Trading Symbol Unit Corporation UNT 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year August 2000 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Chairman and Chief Executive Officer 7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |8/4/00|S | |1,400 |D |$13.50 | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/7/00|S | |7,600 |D |$13.59 | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/8/00|S | |2,000 |D |$14.00 | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/15/0|S | |2,000 |D |$14.31 | | | | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/17/0|S | |8,000 |D |$14.31 | | | | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/24/0|S | |10,000 |D |$15.56 | | | | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/24/0|S | |9,000 |D |$15.5 | 1,057,920 | D | | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | 22,108 |I(1) |By Spouse | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |6,720 |I(1) |By Spouse as Trustee | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: 1. The reporting person disclaims beneificial ownership of all the securities held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. SIGNATURE OF REPORTING PERSON /s/ King P. Kirchner DATE September 6,2000