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^*

THOMAS JAMES A

(Last)

(First)

(Middle)

C/O UIL HOLDINGS CORPORATION

157 CHURCH STREET

(Street)

NEW HAVEN

06510

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
UIL HOLDINGS CORP [ UIL ]

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2005

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	08/26/2005		S		1,000	D	$51.1	894	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)
Phantom Stock Units⁽¹⁾	$54.365							08/08/1988⁽²⁾	08/08/1988⁽³⁾	Common Stock	47.359		3,623.264	D
Retricted Common Stock⁽⁴⁾	$50.485							03/28/2008	03/22/2008	Restricted Common Stock	1,200		3,600	D
Stock Option (right to buy)	$39.4062							03/27/2003	03/27/2010	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$43.2187							03/22/2002	03/22/2009	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$45.175							03/26/2002	03/26/2011	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$45.175							03/26/2003	03/26/2011	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$45.175							03/26/2004	03/26/2011	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$56.605							03/25/2003	03/25/2012	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$56.605							03/25/2004	03/25/2012	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$56.605							03/25/2005	03/25/2012	Common Stock	1,500		1,500	D

Explanation of Responses:

1. (1 for 1) Phantom Stock Units were accrued pursuant to UIL Holdings Corporation's Non-Employee Stock and Deferred Compensation Plan and are to be converted to common stock upon retirement.

2. The units are to be settled in UIL Holdings Corporation's Common Stock upon termination of the Reporting Person's service (other than by death) or termination of the Plan.

3. The Staff ha designated "08/08/1988" as a dummy date for this specific purpose.

4. DCP-UIL Holdings Corporation's Deferred Compensation Plan; granting of restricted stock; restriction removed from 1,200 shares on 3/26/2006, 1,200 shares on 3/22/2007 and 1,200 shares on 3/28/2008.

	Susan E. Allen (attorney-in-fact)	08/26/2005
	** 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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