4//SEC Filing
PAR PETROLEUM CORP/CO 4
Accession 0001209191-14-055013
$PARRCIK 0000821483operating
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 2:36 PM ET
Size
8.1 KB
Accession
0001209191-14-055013
Insider Transaction Report
Form 4
Mercer Jacob Paul
Director10% OwnerOther
Transactions
- Exercise of In-Money
Common Stock
2014-08-13$16.00/sh+1,470$23,520→ 23,376 total - Exercise of In-Money
Subscription rights (right to buy)
2014-08-13−7,000→ 0 totalExercise: $16.00From: 2014-07-22Exp: 2014-08-13→ Common Stock (1,470 underlying)
Footnotes (2)
- [F1]In connection with the Issuer's registered rights offering that commenced on July 22, 2014 (the "Rights Offering"), the Reporting Person irrevocably exercised his basic subscription rights to purchase a portion of his pro rata share of the total number of shares of Issuer common stock to be issued in the Rights Offering at a price of $16.00 per share. On August 13, 2014, the subscription period ended and on August 14, 2014 the Issuer announced that the Rights Offering was fully subscribed through the exercise of basic subscription and oversubscription rights. As a result of the Rights Offering being fully subscribed, the aggregate number of shares of Issuer common stock subscribed for and purchased by the Reporting Person became fixed at 1,470 shares.
- [F2]Under the terms of the Rights Offering, each share of Issuer common stock outstanding on July 21, 2014 received one transferable subscription right to purchase 0.21 shares of Issuer common stock at a subscription price equal to $16.00 per whole share (subject to rounding down to avoid the issuance of fractional shares).
Documents
Issuer
PAR PETROLEUM CORP/CO
CIK 0000821483
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000821483
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 2:36 PM ET
- Size
- 8.1 KB