UNITIL CORP — Director's Dealing 2008

Oct 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITIL CORP (UTL)
CIK: 0000755001
Period of Report: 2008-10-10

Reporting Person: BLACK TODD R (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-15	Common stock, no par value	J	44.690	$27.459	Acquired	0	Direct
2008-05-29	Common stock, no par value	A	7.00	$27.677	Acquired	0	Direct
2008-08-15	Common stock, no par value	J	46.654	$26.685	Acquired	0	Direct
2008-10-10	Common stock, no par value	S	300.00	$26.50	Disposed	4156.22	Direct
2008-10-07	Common stock, no par value	J	162.36	$26.63	Acquired	872.952	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-10	Non qual. stock option	$23.375	X	300	Acquired	2009-03-05	Common stock (300)	Direct

Footnotes

F1: Acquisition pursuant to reinvestment of dividends.

F2: Acquisition pursuant to reinvestment of dividends.

F3: Shares were purchased between 1/1/08 and 10/7/08 at an average price of $26.63 under the terms and conditions of the Unitil Corp. Tax Deferred Savings and Investment Plan.

F4: Shares are held in trust under the terms of the Unitil Corporation Tax Deferred Savings and Investment Plan.

F5: Options were granted and exercised under the terms and conditions of the Unitil Corporation Stock Option Plan.