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COMSTOCK RESOURCES INC Director's Dealing 2006

Dec 27, 2006

30925_dirs_2006-12-27_ac1de531-4052-4bd7-a07a-c24111cdb314.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: 2006-12-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-27	Common Stock	M	45000	$3.875	Acquired	1071704	Direct
2006-12-27	Common Stock	M	45000	$31.3168	Disposed	1026704	Direct
2006-12-27	Common Stock	G	25000	$31.47	Disposed	1001704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-27	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 - 2000	$8.875	2009-07-01	Common Stock (135000)	135000	Direct
Stock Options - 2001	$6.42	2010-07-01	Common Stock (135000)	135000	Direct
Stock Options - 2002	$9.2	2009-01-01	Common Stock (135000)	135000	Direct

Footnotes

F1: Incentive Plan Award