HALLIBURTON CO — Director's Dealing 2003

Sep 12, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2003-09-10

Reporting Person: MCCOLLUM MARK A (Senior VP, Chief Acctg. Off.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-10	Common Stock	A	10000	$24.33	Acquired	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-10	Option to Buy Common Stock	$24.33	A	20000	Acquired	2013-09-10	Common Stock (20000)	Direct

Footnotes

F1: Shares awarded pursuant to the Halliburton Company Stock and Incentive Plan. Said Plan provides for the surrender of common stock to the Issuer to satisfy withholding tax obligations.

F2: On September 10, 2003, the closing price of Halliburton Company Common Stock on the New York Stock Exchange was $24.33 per share.

F3: Stock Options awarded pursuant to the Halliburton Company Stock and Incentive Plan. Said Plan provides for the surrender of common stock to the Issuer to satisfy withholding tax obligations.

F4: The options granted become exercisable on each of the first, second and third anniversaries of the grant in cumulative increments of one-third each of the number of shares subject to the option.