UNITIL CORP — Director's Dealing 2011

Feb 10, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNITIL CORP (UTL)
CIK: 0000755001
Period of Report: 2010-12-31

Reporting Person: GANTZ GEORGE R (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-07	Common stock, no par value	J	180	$22.31	Acquired	0	Direct
2011-02-07	Common stock, no par value	J	250	$22.31	Acquired	0	Direct
2011-02-09	Common stock, no par value	J	150	$22.78	Acquired	0	Direct
2011-02-09	Common stock, no par value	A	1310	—	Acquired	12821.000	Direct

Footnotes

F1: Shares granted pursuant to the Unitil Corporation Restricted Stock Plan on February 5, 2010. Shares represent 25% of total grant and vested on February 7, 2011. The terms of the Unitil Corporation Restricted Stock Plan specify valuation at time of vesting. Vested shares are unrestricted and fully transferable by owner.

F2: Shares granted pursuant to the Unitil Corporation Restricted Stock Plan on February 6, 2008. Shares represent 25% of total grant and vested on February 7, 2011. The terms of the Unitil Corporation Restricted Stock Plan specify valuation at time of vesting. Vested shares are unrestricted and fully transferable by owner.

F3: Shares granted pursuant to the Unitil Corporation Restricted Stock Plan on February 9, 2007. Shares represent 25% of total grant and vested on February 9, 2011. The terms of the Unitil Corporation Restricted Stock Plan specify valuation at the time of vesting. Vested shares are unrestricted and fully transferable by owner.

F4: Shares were granted pursuant to the Unitil Corporation Restricted Stock Plan. Shares will vest 25% per year over four years from date of grant. Shares will be valued at current market price on date of vesting.