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COMSTOCK RESOURCES INC Director's Dealing 2004

Mar 4, 2004

30925_dirs_2004-03-04_1cb8453e-0bc0-442a-b92f-82d71ebbe878.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMSTOCK RESOURCES INC (CRK)
CIK: 0000023194
Period of Report: 2004-03-03

Reporting Person: ALLISON M JAY (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-03	Common Stock	M	90000	$3.4375	Acquired	746704	Direct
2004-03-03	Common Stock	M	45000	$3.875	Acquired	791704	Direct
2004-03-03	Common Stock	M	135000	$20.3852	Disposed	656704	Direct
2004-03-04	Common Stock	G	15000	$20.07	Disposed	641704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-03	Stock Options - 1998 B	$3.4375	M	90000	Disposed	2007-11-01	Common Stock (90000)	Direct
2004-03-03	Stock Options - 1999	$3.875	M	45000	Disposed	2008-07-01	Common Stock (45000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options - 1996 C	$11	2006-01-01	Common Stock (800000)	800000	Direct
Stock Options - 1997 B	$12.375	2007-01-01	Common Stock (200000)	200000	Direct
Stock Options - 2000	$8.875	2009-07-01	Common Stock (135000)	135000	Direct
Stock Options - 2001	$6.42	2007-01-01	Common Stock (125000)	125000	Direct
Stock Options - 2001	$6.42	2010-07-01	Common Stock (135000)	135000	Direct
Stock Options - 2002	$9.2	2007-01-01	Common Stock (135000)	135000	Direct