4 1 edgar.txt FORM 4 - MAY 31, 2002 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 BRANDRUP, DOUGLAS W. 57 OLD POST ROAD, NO. 2 GREENWICH, CT 06830 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 MAY 31, 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) (X) Other (specify below) CHAIRMAN OF THE BOARD 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)| | ___________________________________________________________________________________________________________________________________| Equity Oil Company Common S|05/30/|P | |1,000 |A |2.2496 | | | | tock |02 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Equity Oil Company Common S|05/30/|P | |2,000 |A |2.2175 | | | | tock |02 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Equity Oil Company Common S|05/31/|P | |5,000 |A |2.2799 | | | | tock |02 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Equity Oil Company Common S|05/31/|P | |4,000 |A |2.30 |150,000 |D | | tock |02 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |10,000 |I |Family Trust (1) | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |5,000 |I |Family Trust (2) | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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)| | ___________________________________________________________________________________________________________________________________| NON-QUALIFIED STOCK OP|$2.04 |05/08|A |V|5,000 |A |05/08|05/08|EQUITY OIL C|5,000 |$2.04 |5,000 |D | | TIONS (3) | |/02 | | | | |/03 |/12 |OMPANY | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Family trust of which the reporting person's spouse is the beneficiary. Co-trustee reporting person disclaims any beneficial ownership in these shares. (2) Family trust of which the reporting person's stepson is the beneficiary. Co-trustee reporting person disclaims any beneficial ownership in these shares. (3) GRANT TO REPORTING PERSON OF OPTIONS TO BUY COMMON STOCK UNDER THE EQUITY OIL COMPANY 2000 STOCK OPTION PLAN, A RULE 16B-3 PLAN.