PAR PETROLEUM CORP/CO 4
4 · PAR PETROLEUM CORP/CO · Filed Nov 26, 2014
Insider Transaction Report
Form 4
HAYWOOD J WILLIAM
Senior Vice President
Transactions
- Exercise of In-Money
Common stock
2014-08-13$16.00/sh+14,029$224,464→ 50,000 total(indirect: By JWLP Investments Ltd.) - Exercise of In-Money
Subscription rights (right to buy)
2014-08-13−19,488→ 0 totalExercise: $16.00From: 2014-07-22Exp: 2014-08-13→ Common stock (5,512 underlying) - Exercise of In-Money
Subscription rights (right to buy)
2014-08-13−35,971→ 0 total(indirect: By JWLP Investments Ltd.)Exercise: $16.00From: 2014-07-22Exp: 2014-08-13→ Common stock (14,029 underlying) - Exercise of In-Money
Common stock
2014-08-13$16.00/sh+5,512$88,192→ 25,300 total
Holdings
- 200(indirect: By parents)
Common stock
Footnotes (3)
- [F1]In connection with the issuer's registered rights offering commenced on July 22, 2014 (the "Rights Offering"), the reporting person irrevocably exercised his basic subscription and oversubscription privileges to purchase shares of common stock issued in the Rights Offering. 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 privileges. As a result of the Rights Offering being fully subscribed, the number of shares of common stock subscribed for by the reporting person became fixed at 5,512 shares.
- [F2]In connection with the issuer's Rights Offering, the reporting person irrevocably exercised his basic subscription and oversubscription privileges to purchase shares of common stock issued in the Rights Offering. 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 privileges. As a result of the Rights Offering being fully subscribed, the number of shares of common stock subscribed for by the reporting person became fixed at 14,029 shares.
- [F3]Under the terms of the Rights Offering, each share of common stock outstanding on July 21, 2014 received one transferable subscription right to purchase 0.21 shares of common stock at a subscription price equal to $16.00 per whole share (subject to rounding down to avoid the issuance of fractional shares).