Home > Insider Trading > Filing (0001140361-10-001029)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1402281	Pacific Asia Petroleum Inc	PAP	Drilling Oil & Gas Wells (1381)	300349798

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1415554	C Frank Ingriselli	250 East Hartsdale Avenue Suite 47 Hartsdale NY 10530	Ceo, President & Secretary	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2010-01-04	50,000	$0.00	3,139,394	No	4	S	Direct
Common Stock	Disposition	2010-01-04	13,695	$0.00	3,125,699	No	4	S	Direct
Common Stock	Disposition	2010-01-05	16,650	$0.00	3,109,049	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	50,000	Indirect	By son

Footnotes

50,000 shares were sold at an average price of $4.7409 per share on 1/4/10 pursuant to a Rule 10b5-1 Plan established August 17, 2009 and administered by Fidelity Investments.
13,695 shares were sold at an average price of $4.8221 per share on 1/4/10 pursuant to Rule 10b5-1 Plan established August 28, 2009 and administered by Wells Fargo Advisors, LLC.
16,650 shares were sold at an average price of $4.89 per share on 1/5/10 pursuant to Rule 10b5-1 Plan established August 28, 2009 and administered by Wells Fargo Advisors, LLC. The Form 144 filed on 1/5/2010 inaccurately reflects that 30,345 shares were sold on 1/5/2010.? The actual quantity sold on that date was 16,650 shares.? The 30,345 shares reflected the total sale of 13,695 shares sold on 1/4/2010 & 16,650 shares sold on 1/5/2010.? A previous Form 144 filing was made for 13,695 shares sold on 1/4/2010.