PARALLEL PETROLEUM CORP 4
4 · PARALLEL PETROLEUM CORP · Filed Jun 6, 2005
Insider Transaction Report
Form 4
FOSTER STEVEN D
Chief Financial Officer
Transactions
- Purchase
Common Stock, $.01 par value
2005-06-02$7.00/sh+1,400$9,800→ 1,400 total(indirect: By SEP Plan) - Exercise/Conversion
Employee Stock Option (Right to buy)
2005-06-06$2.18/sh+10,000$21,800→ 25,000 totalExercise: $2.18From: 2003-11-14Exp: 2012-11-14→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2005-06-06$2.18/sh+10,000$21,800→ 10,000 total
Holdings
- 1,600
Common Stock, $.01 par value
- 400(indirect: By Spouse)
Common Stock, $.01 par value
- 4,000(indirect: BY SEP Plan)
Common Stock, $.01 par value
- 2,000(indirect: BY SEP Plan)
Common Stock, $.01 par value
Footnotes (1)
- [F1]Such shares are held in the reporting person's 408(k) Simplified Employee Pension Plan.