BAYLEY ERIC A 4
4 · PARALLEL PETROLEUM CORP · Filed Apr 16, 2004
Insider Transaction Report
Form 4
BAYLEY ERIC A
Vice President
Transactions
- Gift
Common Stock, $.01 par value
2004-04-16−1,000→ 0 total - Exercise/Conversion
Common Stock, $.01 par value
2004-04-16$3.44/sh+20,000$68,750→ 20,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-04-16−20,000→ 20,000 totalExercise: $3.44From: 1995-10-04Exp: 2004-10-04→ Common Stock (20,000 underlying)
Holdings
- 11,700
Common Stock, $.01 par value
- 5,790(indirect: By IRA)
Common Stock, $.01 par value
- 50,000
Employee Stock Option (right to buy)
Exercise: $4.97From: 2002-06-20Exp: 2011-06-20→ Common Stock (50,000 underlying) - 40,000
Employee Stock Option (right to buy)
Exercise: $1.81From: 2000-06-23Exp: 2009-06-23→ Common Stock (40,000 underlying) - 1,000(indirect: By SEP Plan)
Common Stock, $.01 par value
- 25,000
Employee Stock Option (right to buy)
Exercise: $5.40From: 1997-08-14Exp: 2006-08-14→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Such shares were previously held by Mr. Bayley as custodian for his son. Represents transfer of such shares to Mr. Bayley's son.
- [F2]The exercise price of the employee stock option exercised by Mr. Bayley is $3.4375 per share.