5 1 edgar.txt FORM 5 - 12-31-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). ( ) Form 3 Holdings Reported ( ) Form 4 Transactions Reported 1. Name and Address of Reporting Person DOUGAN, PAUL M P.O. BOX 959 SALT LAKE CITY, UT 84110 2. Issuer Name and Ticker or Trading Symbol EQUITY OIL COMPANY EQTY 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 12-31-01 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) PRESIDENT, CHIEF EXECUTIVE OFFICER 7. Individual or Joint/Group Reporting (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 | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| Equity Oil Company Common Sto| | | | | |146,629 |D | | ck | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |61,676 |I |By spouse | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |35,000 |I |By 401(k) plan | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |31,206 |I |By limited partnership | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |3,470* |I |By spouse as trustee | -----------------------------------------------------------------------------------------------------------------------------------| * - Mr. Dougan disclaims ben| | | | | | | | | eficial ownership of these sh| | | | | | | | | ares | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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 |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice 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 | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| NON-QUALIFIED OPTIONS TO|$3.625 |01/31|D |58,000 |D |01/31|01/31|EQUITY OIL C| |$3.625 |58,000 |D | | PURCHASE EQUITY OIL COM| |/01 | | | |/02 |/11 |OMMON STOCK | | | | | | PANY COMMON STOCK (1) | | | | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Options granted under the Equity Oil Company 2000 Incentive Stock Option Plan, a rule 16 b(3).