OLDHAM LARRY 4
4 · PARALLEL PETROLEUM CORP · Filed Jan 31, 2006
Insider Transaction Report
Form 4
OLDHAM LARRY
DirectorCEO and President
Transactions
- Exercise/Conversion
Common Stock, $.01 par value
2006-01-27$4.97/sh+7,500$37,275→ 7,500 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-01-27−7,500→ 37,500 totalExercise: $4.97From: 2002-01-05Exp: 2011-06-20→ Common Stock (45,000 underlying)
Holdings
- 436,090
Common Stock, $.01 par value
- 400,000(indirect: By Spouse)
Common Stock, $.01 par value
- 46,000
Employee Stock Option (right to buy)
Exercise: $3.60From: 1999-08-04Exp: 2008-08-04→ Common Stock (46,000 underlying)
Footnotes (1)
- [F1]Such shares are held by Oldham Properties, Ltd., a "family" limited partnership. The general partner of Oldham Properties, Ltd. is Oldham, LLC, a limited liability company solely owned by the reporting person's spouse. The reporting person's spouse and two children are the sole limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by his spouse through Oldham Properties, Ltd., except to the extent of his pecuniary interest therein.