UNITIL CORP — Director's Dealing 2017

Jan 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITIL CORP (UTL)
CIK: 0000755001
Period of Report: 2017-01-30

Reporting Person: BLACK TODD R (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-30	Common stock, no par value.	A	1880	$0.00	Acquired	21263.871	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, no par value.	2792.43	Indirect

Footnotes

F1: 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.

F2: Includes 163.270 shares of common stock acquired on February 26, 2016, 165.810 shares of common stock acquired on May 27, 2016, 165.540 shares of common stock acquired on August 26, 2016 and 153.294 shares of common stock acquired on November 28, 2016, in each case resulting from the reinvestment of dividends pursuant to Unitil Corporation's Dividend Reinvestment and Stock Purchase Plan.

F3: Shares are held in trust under the terms of the Unitil Corporation Tax Deferred Savings and Investment Plan.