HALLIBURTON CO — Director's Dealing 2006

Oct 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-10-09

Reporting Person: LESAR DAVID J (Director, Chairman, Pres. and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-09	Common Stock	D	14902	$28.45	Disposed	1305582.96	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$13.02	2014-01-02	Common Stock (66666)	66666	Direct
Option to Buy Common Stock	$32.39	2015-12-07	Common Stock (180000)	180000	Direct
Option to Buy Common Stock	$22.04	2015-03-03	Common Stock (200000)	200000	Direct
Option to Buy Common Stock	$19.31	2014-12-02	Common Stock (138000)	138000	Direct

Footnotes

F1: Shares transferred to Halliburton Company for payment for Federal tax withholding obligations 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 unrestricted shares to the Issuer.

F2: Amount of securities beneficially owned has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F3: Amount of securities indirectly owned has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F4: Exercise price has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F5: The number of derivitive securites has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.