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4//SEC Filing

PARALLEL PETROLEUM CORP 4

Accession 0000750561-05-000092

CIK 0000750561operating

Filed

Aug 31, 8:00 PM ET

Accepted

Sep 1, 12:48 PM ET

Size

16.9 KB

Accession

0000750561-05-000092

Insider Transaction Report

Form 4
Period: 2005-08-31
OLDHAM LARRY
DirectorCEO and President
Transactions
  • Other

    Common Stock, $.01 par value

    2005-08-31200,0000 total
  • Gift

    Common Stock, $.01 par value

    2005-08-3110,00087,000 total
Holdings
  • Employee Stock Option (right to buy)

    Exercise: $3.60From: 1999-08-04Exp: 2008-08-04Common Stock (54,000 underlying)
    54,000
  • Employee Stock Option (right to buy)

    Exercise: $3.60From: 1999-08-04Exp: 2008-08-04Common Stock (46,000 underlying)
    46,000
  • Common Stock, $.01 par value

    (indirect: L.P.)
    200,000
  • Common Stock, $.01 par value

    40,000
  • Common Stock, $.01 par value

    90
  • Employee Stock Option (right to buy)

    Exercise: $4.82From: 1998-02-10Exp: 2008-02-10Common Stock (100,000 underlying)
    100,000
Footnotes (2)
  • [F1]Such shares are held by Oldham Properties, Ltd., a "family" limited partnership of which the reporting person is the sole general partner and of which the reporting person, his wife and two children are the sole limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by Oldham Properties, Ltd., except to the extent of his pecuniary interest therein.
  • [F2]Transfer of shares to Oldham Properties, Ltd., the "family" limited partnership described in Note (1) above. The shares acquired by Oldham Properties, Ltd. were previously reported by the reporting person as directly owned. The reporting person disclaims beneficial ownership of the issuer's common stock held by Oldham Properties, Ltd., except to the extent of his pecuniary interest therein.

Issuer

PARALLEL PETROLEUM CORP

CIK 0000750561

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000750561

Filing Metadata

Form type
4
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 12:48 PM ET
Size
16.9 KB