4//SEC Filing
Kim Soohyung 4
Accession 0001209191-09-029324
CIK 0000893813other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 4:16 PM ET
Size
13.2 KB
Accession
0001209191-09-029324
Insider Transaction Report
Form 4
PENN OCTANE CORPPOCC
Standard General L.P.
10% Owner
Transactions
- Purchase
Common Stock
2009-05-26$0.39/sh+1,500$585→ 5,692,807 total(indirect: See Footnotes) - Purchase
Common Stock
2009-05-28$0.44/sh+3,900$1,716→ 5,696,707 total(indirect: See Footnotes)
Standard General Master Fund L.P.
10% Owner
Transactions
- Purchase
Common Stock
2009-05-26$0.39/sh+1,500$585→ 5,692,807 total(indirect: See Footnotes) - Purchase
Common Stock
2009-05-28$0.44/sh+3,900$1,716→ 5,696,707 total(indirect: See Footnotes)
Kim Soohyung
10% Owner
Transactions
- Purchase
Common Stock
2009-05-26$0.39/sh+1,500$585→ 5,692,807 total(indirect: See Footnotes) - Purchase
Common Stock
2009-05-28$0.44/sh+3,900$1,716→ 5,696,707 total(indirect: See Footnotes)
Singer Nicholas J
Director10% Owner
Transactions
- Purchase
Common Stock
2009-05-26$0.39/sh+1,500$585→ 5,692,807 total(indirect: See Footnotes) - Purchase
Common Stock
2009-05-28$0.44/sh+3,900$1,716→ 5,696,707 total(indirect: See Footnotes)
Footnotes (2)
- [F1]The shares of Common Stock, par value $0.01 per share, of the Issuer reported herein (the "Shares") are held directly by Standard General Master Fund L.P., a Cayman Islands exempted limited partnership ("Standard General Master Fund"). Standard General L.P., a Delaware limited partnership ("Standard General"), serves as the investment manager of Standard General Master Fund and pursuant to an investment management agreement has all investment and voting power with respect to the securities held by Standard General Master Fund. Mr. Soohyung Kim ("Mr. Kim") and Mr. Nicholas J. Singer ("Mr. Singer") have controlling interests in Standard General S Corp., a Delaware corporation, which is the general partner of Standard General Holdings, L.P., a Delaware limited partnership, which is in turn the general partner of Standard General. (continued on next footnote)
- [F2](continued from prior footnote) In addition, Mr. Kim and Mr. Singer serve as co-managing members of Standard General Management LLC, a Delaware limited liability company, which is the managing member of Standard General GP LLC, a Delaware limited liability company, which is in turn the general partner of Standard General Master Fund. Standard General, Mr. Kim and Mr. Singer (Standard General, Mr. Kim and Mr. Singer, together with Standard General Master Fund, the "Reporting Persons") may be deemed to beneficially own the Shares by virtue of the foregoing relationships. In accordance with instruction 4(b)(iv), the entire number of the securities that may be deemed to be beneficially owned by the Reporting Persons is reported herein. Each of the Reporting Persons hereby disclaims beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934 except to the extent of his or its pecuniary interest therein.
Documents
Issuer
PENN OCTANE CORP
CIK 0000893813
Entity typeother
Related Parties
1- filerCIK 0001418202
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 4:16 PM ET
- Size
- 13.2 KB