Edgar Filing: QUESTAR CORP

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

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Check this box if no longer
subject to Section 16. Form 4 or
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See Instruction 1(b).

(Print or Type Responses)

Form 4

1. Name and Address of Reporting Person*

Rose, D. N.

2. Issuer Name and Tickler or Trading Symbol

Questar Corporation - STR

6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director

10% Owner

Officer (give
title below)

Other (specify
below)

Retired Executive Officer

(Last) (First) (Middle)

180 East 100 South, P.O. Box 45360

3. I.R.S. Identification Number of
Reporting Person, if an entity
(voluntary)

4. Statement for Month/Day/Year

May 1, 2003

7. Individual or Joint/Group Filing (Check Applicable Line)

5. If Amendment, Date of
Original (Month/Day/Year)

Form filed by One Reporting Person

(Street)

Salt Lake City, Utah 84145-0360

Form filed by More than One Reporting Person

(City) (State) (Zip)

Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-
    action
    Date

  (Month/
   Day/
   Year)

2A.
Deemed
Execution
Date, if
any
  (Month/
   Day/
   Year)

3. Trans-
    action
    Code
    (Instr.8)

4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of
    Securities
    Beneficially
    Owned
    Following
    Reported
    Transaction(s)

    (Instr. 3 and 4)

6. Owner-
    ship
    Form:
    Direct
    (D) or
    Indirect
    (I)

(Instr. 4)

7. Nature of
    Indirect
    Beneficial
    Owner-
    ship

   (Instr. 4)

Code

Amount

(A)
or
(D)

Price

Common Stock (and attached Common Stock Purchase Rights)

31,313

Common Stock (and attached Common Stock Purchase Rights)

47,745.4493¹

Through Trust for Employee Benefit Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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SEC 1474 (9-02)

FORM 4 (continued)

Table II Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative
Security
(Instr. 3)

2. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
   Security

3. Trans-
action
Date

(Month/
Day/
Year)

3A.
Deemed
Execution
Date, if
any

  (Month/
   Day/
   Year)

4. Trans-
    action
    Code
    (Instr.8)

5. Number of Deriv-
    ative Securities Ac-
    quired (A) or Dis-
    posed of (D)
    (Instr. 3, 4 and 5)

6. Date Exer-
    cisable and
    Expiration
    Date
    (Month/Day/
    Year)

7. Title and Amount of
Underlying Securities
(Instr. 3 and 4)

8. Price
    of
    Deriv-
    ative
    Secur-
    ity
    (Instr.
    5)

9. Number
   of deriv-
   ative
   Secur-
   ities
   Bene-
   ficially
   Owned
   Follow-
   ing
   Reported
   Trans-
   action(s)
   (Instr. 4)

10. Owner-
     ship
     Form of
     Deri-
     vative
     Security:
     Direct
     (D) or
     Indirect
     (I)
     (Instr. 4)

11. Nature
     of
     Indirect
     Benefi-
     cial
     Owner-
     ship
     (Instr. 4)

Code

(A)

(D)

Date
Exer-
cisable

Expira-
tion
Date

Title

Amount or
Number of
Shares

Stock Option

$15.00

05-01-2003

28,875

05-01-2003

02-08-2010

Common Stock (and attached Common Stock Purchase Rights)

28,875

Stock Option

$28.01

05-01-2003

38,500

05-01-2003

04-30-2010

Common Stock (and attached Common Stock Purchase Rights)

38,500

Stock Option

$22.95

05-01-2003

61,500

05-01-2003

04-30-2010

Common Stock (and attached Common Stock Purchase Rights)

61,500

234,079²

Phantom Stock Units

15,124.6509³

Explanation of Responses: 1. These equivalent shares are allocated to my account in Questar's Employee Investment Plan as of April 29, 2003.
2.	I retired effective April 30, 2003. As of May 1, 2003, I had 128,875 option shares vest on an accelerated basis. These options terminate at the earlier of their original term or seven years from the date of my retirement.
3	I receive phantom stock units as a result of my participation in an excess benefit plan sponsored by Questar. As of April 22, 2003 this total includes the 15,040.8669 stock units in such plan in addition to the phantom stock units held through my account in a deferred compensation plan.

		/s/ Connie C. Holbrook	May 2, 2003

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations.	Connie C. Holbrook as Attorney in Fact for D. N. Rose	Date
	See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	**Signature of Reporting Person

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