Home/Filings/4/0001209191-07-036324
4//SEC Filing

PARALLEL PETROLEUM CORP 4

Accession 0001209191-07-036324

CIK 0000750561operating

Filed

Jun 10, 8:00 PM ET

Accepted

Jun 11, 1:59 PM ET

Size

14.9 KB

Accession

0001209191-07-036324

Insider Transaction Report

Form 4
Period: 2007-06-08
BAYLEY ERIC A
Vice President
Transactions
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-06-0825,0000 total
    Exercise: $4.53From: 1998-07-17Exp: 2007-07-17Common Stock (25,000 underlying)
  • Exercise/Conversion

    Common Stock, $.01 par value

    2007-06-08$4.53/sh+25,000$113,25025,000 total
Holdings
  • Common Stock, $.01 par value

    11,700
  • Common Stock, $.01 par value

    (indirect: By SEP Plan)
    1,000
  • Common Stock, $.01 par value

    25,000
  • Common Stock, $.01 par value

    20,000
  • Common Stock, $.01 par value

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

    (indirect: By IRA)
    5,790
  • Employee Stock Option (right to buy)

    Exercise: $3.60From: 1999-08-04Exp: 2008-08-04Common Stock (25,000 underlying)
    25,000
  • Employee Stock Option (right to buy)

    Exercise: $6.00Common Stock (200 underlying)
    200
  • Employee Stock Option (right to buy)

    Exercise: $4.97From: 2002-06-20Exp: 2011-06-20Common Stock (50,000 underlying)
    50,000
Footnotes (2)
  • [F1]The exercise price of the employee stock option exercised by the reporting person is $4.53 per share.
  • [F2]The Stock Purchase warrant is exercisable for a period of thirty days after a registration statement covering exercise of the warrants becomes effective under the Securities Act of 1933, as amended, which registration statement may be filed with the Securities and Exchange Commission at the discretion of Parallel Petroleum Corporation.

Issuer

PARALLEL PETROLEUM CORP

CIK 0000750561

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000750561

Filing Metadata

Form type
4
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 1:59 PM ET
Size
14.9 KB