HALLIBURTON CO — Director's Dealing 2003

Jul 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2003-07-21

Reporting Person: GIBSON JOHN W JR (Pres, CEO-Energy Services)

Footnotes

F1: Shares transferred to Halliburton Company for payment of Federal Income Tax withholding obligation on lapse of restrictions on shares issued under the 1993 Stock and Incentive Plan. Said Plan permits Reporting Person to satisfy withholding tax obligation by transferring unrestriced shares to the Issuer.

F2: The Reporting Person also directly owns employee stock options to purchase 34,000 shares of Halliburton common Stock (HAL stock) at $26.87 per share, exercisable in equal installments beginning Oct. 4, 1996, expiring Oct. 4, 2006; 24,000 shares of HAL stock at $29.56 per share, exercisable in equal installments beginning Dec. 4, 1996, expiring Dec. 4, 2006; 12,000 shares of HAL stock at 54.50 per share, exercisable in equal installments beginning Dec. 3, 1997, expiring Dec. 3, 2007; 12,000 shares of HAL stock at $28.12 per share, exercisable in equal installments beginning Dec. 2, 1998, expiring Dec. 2, 2008; and 28,500 shares of HAL stock at $39.50 per share, exercisable in equal installments beginning Dec. 2, 1999, expiring Dec. 2, 2009.

F3: The Reporting Person also directly owns employee stock options to purchase 10,000 shares of HAL stock at $47.93 per share, exercisable in equal installments beginning May 5, 1999, expiring May 5, 2009; 39,000 shares of HAL stock at $34.75 per share, exercisable in equal installments beginning Dec. 6, 2000, expiring Dec. 6, 2010; and, 21,938 shares of HAL stock at $31.55 per share, exercisable in equal installments beginning July 19, 2001, expiring July 19, 2011.