Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
DRAUT ERIC JOHN
  2. Issuer Name and Ticker or Trading Symbol
UNITRIN INC [UTR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President & CFO
(Last)
(First)
(Middle)
ONE EAST WACKER DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2006
(Street)

CHICAGO, IL 60601
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/13/2006   M   4,939 A $ 44.45 105,909 (2) D  
Common Stock 11/13/2006   M   8,588 A $ 44.45 114,497 (2) D  
Common Stock 11/13/2006   M   20,900 A $ 44.37 135,397 (2) D  
Common Stock 11/13/2006   M   1,196 A $ 45.33 136,593 (2) D  
Common Stock 11/13/2006   M   644 A $ 45.83 137,237 (2) D  
Common Stock 11/13/2006   M   8,506 A $ 45.83 145,743 (2) D  
Common Stock 11/13/2006   F   42,829 (1) D $ 48.16 102,914 (2) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (3) $ 44.45 11/13/2006   M     4,939 08/11/2004 05/05/2009 Common Stock 4,939 $ 0 0 (4) D  
Employee Stock Options (3) $ 48.16 11/13/2006   A   4,708   05/13/2007 05/05/2009 Common Stock 4,708 $ 0 4,708 (4) D  
Employee Stock Options (3) $ 44.45 11/13/2006   M     8,588 08/11/2004 02/05/2013 Common Stock 8,588 $ 0 0 (4) D  
Employee Stock Options (3) $ 48.16 11/13/2006   A   8,186   05/13/2007 02/05/2013 Common Stock 8,186 $ 0 8,186 (4) D  
Employee Stock Options (3) $ 44.37 11/13/2006   M     20,900 08/03/2006 02/03/2014 Common Stock 20,900 $ 0 12,500 (4) D  
Employee Stock Options (3) $ 48.16 11/13/2006   A   19,903   05/13/2007 02/03/2014 Common Stock 19,903 $ 0 19,903 (4) D  
Employee Stock Options (3) $ 45.33 11/13/2006   M     1,196 08/08/2005 05/14/2007 Common Stock 1,196 $ 0 0 (4) D  
Employee Stock Options (3) $ 48.16 11/13/2006   A   1,152   05/13/2007 05/14/2007 Common Stock 1,152 $ 0 1,152 (4) D  
Employee Stock Options (3) $ 45.83 11/13/2006   M     644 05/06/2005 05/14/2007 Common Stock 644 $ 0 0 (4) D  
Employee Stock Options (3) $ 48.16 11/13/2006   A   624   05/13/2007 05/14/2007 Common Stock 624 $ 0 624 (4) D  
Employee Stock Options (3) $ 45.83 11/13/2006   M     8,506 05/06/2005 05/13/2008 Common Stock 8,506 $ 0 7,836 (4) D  
Employee Stock Options $ 48.16 11/13/2006   A   8,256   05/13/2007 05/13/2008 Common Stock 8,256 $ 0 8,256 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DRAUT ERIC JOHN
ONE EAST WACKER DRIVE
CHICAGO, IL 60601
  X     Executive Vice President & CFO  

Signatures

 Eric J. Draut   11/14/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This reflects shares withheld or surrendered, either actually or constructively, to the Issuer in payment of the exercise price and/or taxes due in connection with the exercise of options disclosed in Table II.
(2) Included in the total are 20,000 shares of restricted stock subject to forfeiture and other restrictions until vesting on 9/1/2010.
(3) Rights to buy.
(4) Following the last transaction reported in this table, the reporting person holds a total of 377,079 options under Unitrin, Inc. stock option plans.

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