Filing Details
- Accession Number:
- 0001140361-10-024505
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-06-07 13:00:00
- Reporting Period:
- 2010-06-03
- Filing Date:
- 2010-06-07
- Accepted Time:
- 2010-06-07 17:25:16
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
56868 | Primeenergy Corp | PNRG | Crude Petroleum & Natural Gas (1311) | 840637348 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1016497 | Mcjunkin Red Man Corp | 2 Houston Center 909 Fannin, Suite 3100 Houston TX 77010 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, $0.10 Par Value | Disposition | 2010-06-03 | 623,521 | $12.00 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, $0.10 Par Value | OBLIGATIONS TO PAY SALE PROCEEDS | Disposition | 2010-06-03 | 592,345 | $0.00 | 592,345 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | J | Direct |
Footnotes
- The reporting person previously owned 623,521 shares of Common Stock, par value $0.10 per share of Prime Energy Corporation (the "Shares"). Pursuant to the Merger Agreement, dated as of December 4, 2006 among the reporting person, McJ Holding Corporation and Hg Acquisition Corp., as amended (the "Merger Agreement"), upon a sale of Shares by the reporting person from and after January 31, 2007, the reporting person has an obligation to remit to those persons who were the record holders of shares of the reporting person immediately prior to the effective time of the Merger (as defined in the Merger Agreement) an amount equal to 95% of the after tax proceeds from such sale. As disclosed above, the reporting person sold 623,521 shares of Common Stock and will distribute the proceeds in accordance with the Merger Agreement.