CHITWOOD DEWAYNE E 4
4 · PARALLEL PETROLEUM CORP · Filed Aug 25, 2005
Insider Transaction Report
Form 4
CHITWOOD DEWAYNE E
Director
Transactions
- Award
Non-Employee Director Stock Option (right to buy)
2005-08-23+50,000→ 50,000 totalExercise: $12.27From: 2006-08-23Exp: 2015-08-23→ Common Stock (50,000 underlying)
Holdings
- 2,899
Common Stock, $.01 par value
- 50,000
Non-Employee Director Stock Option (right to buy)
Exercise: $2.80From: 2003-12-18Exp: 2012-12-18→ Common Stock (50,000 underlying) - 25,000
Non-Employee Director Stock Option (right to buy)
Exercise: $4.58From: 2001-11-08Exp: 2011-05-02→ Common Stock (25,000 underlying) - 5,222
Common Stock, $.01 par value
Footnotes (1)
- [F1]Granted pursuant to the Parallel Petroleum 1997 Nonemployee Directors Stock Option Plan. The option is exercisable in five equal annual installments commencing on August 23, 2006.