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^*

DRAUT ERIC JOHN

(Last)

(First)

(Middle)

ONE EAST WACKER DRIVE

(Street)

CHICAGO

60601

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITRIN INC [ UTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President & CFO

3. Date of Earliest Transaction (Month/Day/Year)
05/23/2007

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	05/23/2007		M		1,309	A	$42.16	104,310⁽²⁾	D
Common Stock	05/23/2007		M		2,759	A	$42.05	107,069⁽²⁾	D
Common Stock	05/23/2007		M		418	A	$45.83	107,487⁽²⁾	D
Common Stock	05/23/2007		M		7,489	A	$45.83	114,976⁽²⁾	D
Common Stock	05/23/2007		M		7,836	A	$45.83	122,812⁽²⁾	D
Common Stock	05/23/2007		M		11,897	A	$46.06	134,709⁽²⁾	D
Common Stock	05/23/2007		M		9,278	A	$46.06	143,987⁽²⁾	D
Common Stock	05/23/2007		M		3,208	A	$46.06	147,195⁽²⁾	D
Common Stock	05/23/2007		M		374	A	$46.06	147,569⁽²⁾	D
Common Stock	05/23/2007		M		3,963	A	$46.06	151,532⁽²⁾	D
Common Stock	05/23/2007		M		5,500	A	$46.06	157,032⁽²⁾	D
Common Stock	05/23/2007		M		282	A	$46.06	157,314⁽²⁾	D
Common Stock	05/23/2007		M		4,753	A	$46.06	162,067⁽²⁾	D
Common Stock	05/23/2007		M		16,230	A	$46.06	178,297⁽²⁾	D
Common Stock	05/23/2007		M		8,139	A	$46.06	186,436⁽²⁾	D
Common Stock	05/23/2007		F		79,875⁽¹⁾	D	$48.76	106,561⁽²⁾	D

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)
Employee Stock Options⁽³⁾	$42.16	05/23/2007		M			1,309	02/07/2007	02/05/2013	Common Stock	1,309	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		1,183		11/23/2007	02/05/2013	Common Stock	1,183	$0	1,183⁽⁴⁾	D
Employee Stock Options⁽³⁾	$42.05	05/23/2007		M			2,759	02/14/2007	02/05/2013	Common Stock	2,759	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		2,490		11/23/2007	02/05/2013	Common Stock	2,490	$0	2,490⁽⁴⁾	D
Employee Stock Options⁽³⁾	$45.83	05/23/2007		M			418	05/06/2005	05/03/2010	Common Stock	418	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		399		11/23/2007	05/03/2010	Common Stock	399	$0	399⁽⁴⁾	D
Employee Stock Options⁽³⁾	$45.83	05/23/2007		M			7,489	05/06/2005	05/03/2010	Common Stock	7,489	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		7,170		11/23/2007	05/03/2010	Common Stock	7,170	$0	7,170⁽⁴⁾	D
Employee Stock Options⁽³⁾	$45.83	05/23/2007		M			7,836	05/06/2005	05/13/2008	Common Stock	7,836	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		7,503		11/23/2007	05/13/2008	Common Stock	7,503	$0	7,503⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			11,897	05/10/2006	05/13/2008	Common Stock	11,897	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		11,432		11/23/2007	05/13/2008	Common Stock	11,432	$0	11,432⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			9,278	05/10/2006	05/05/2009	Common Stock	9,278	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		8,915		11/23/2007	05/05/2009	Common Stock	8,915	$0	8,915⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			3,208	05/10/2005	05/05/2009	Common Stock	3,208	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		3,082		11/23/2007	05/05/2009	Common Stock	3,082	$0	3,082⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			374	05/10/2006	05/05/2009	Common Stock	374	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		359		11/23/2007	05/05/2009	Common Stock	359	$0	359⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			3,963	05/10/2006	05/05/2009	Common Stock	3,963	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		3,807		11/23/2007	05/05/2009	Common Stock	3,807	$0	3,807⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			5,500	05/10/2006	05/03/2010	Common Stock	5,500	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		5,284		11/23/2007	05/03/2010	Common Stock	5,284	$0	5,284⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			282	05/10/2006	05/03/2010	Common Stock	282	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		270		11/23/2007	05/03/2010	Common Stock	270	$0	270⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			4,753	05/06/2007	02/05/2013	Common Stock	4,753	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		4,566		11/23/2007	02/05/2013	Common Stock	4,566	$0	4,566⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			16,230	05/06/2007	02/03/2014	Common Stock	16,230	$0	0⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		15,595		11/23/2007	02/03/2014	Common Stock	15,595	$0	15,595⁽⁴⁾	D
Employee Stock Options⁽³⁾	$46.06	05/23/2007		M			8,139	05/06/2007	02/01/2015	Common Stock	8,139	$0	3,873⁽⁴⁾	D
Employee Stock Options⁽³⁾	$48.76	05/23/2007		A		7,820		11/23/2007	02/01/2015	Common Stock	7,820	$0	7,820⁽⁴⁾	D

Explanation of Responses:

1. This reflects shares withheld or surrendered, either actually or constructively, to the Issuer in payment of the exercise price and/or taxes due in connection with the exercise of options disclosed in Table II.

2. This includes 20,000 shares of restricted stock subject to forfeiture and other restrictions until vesting on 9/1/2010.

3. Rights to buy.

4. Following the last transaction reported in this table, the reporting person holds a total of 413,097 options under the Unitrin, Inc. stock option plans.

Remarks:

	Eric J. Draut	05/25/2007
	** 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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