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PRIMEENERGY RESOURCES CORP — Director's Dealing 2007
Nov 28, 2007
33439_dirs_2007-11-28_f050b304-f554-4e93-b5c7-0d0f732ba799.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRIMEENERGY CORP (PNRG)
CIK: 0000056868
Period of Report: 2007-11-26
Reporting Person: DRIMAL CHARLES E JR (Director, President, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-11-26 | Common Stock | J | 9000 | — | Disposed | 80000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 506906 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Purchase Option | $1 | Common Stock (523125) | 523125 | Direct | |
| Purchase Option | $1.25 | Common Stock (174375) | 174375 | Direct |
Footnotes
F1: No shares were bought or sold by Mr. Drimal. He has sole voting power with respect to shares pursuant to a Voting Agreement dated June 20, 2006, between Mr. Drimal and his mother, Mrs. Juanita Drimal, who is the record holder of such shares. Mrs. Drimal has disposed of 9,000 shares, by gift or sale, so that 80,000 shares remain subject to such Voting Agreement. Mr. Drimal has no dispositive power as to such 80,000 shares and no pecuniary interest in such shares.
F2: All options are fully exercisable and are non-expiring during employment, but must be exercised within three months after termination of employment, or within one year if termination occurs by reason of death or disability.