Form 4

SEC 1472 (3-99)

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

FORM 4

 

 

 

/ /

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

(Print or Type Responses)

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person

2. Issuer Name and Ticker or Trading Symbol

 

6. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

Hurt, Clint

PrimeEnergy Corporation PNRG

 

/X/ Director

_______________

(last), (first)

   

/ / Officer

107 North "N"

_______________

(street)

3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)

4. Statement for Month/Year

December 2001

/ / 10% Owner

Midland, Texas 79701

___________________

(city) (state) (zip)

   

/ / Other (specify below)

______________________________

   

5. If Amendment, Date of Original (Month/Year)

7. Individual or Joint/Group Filing (Check Applicable)

   

N/A

/X/ Form filed by One Reporting Person

     

/ / Form filed by More than One Reporting Person

       
       

 

 

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.

Title of Security
(Instr. 3)

 

2.

Transaction Date

(Month/Day/Year)

 

3.

Transaction Code
(Instr. 8)

 

4.

Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)

 

5.

Amount of Securities Beneficially Owned at End of Month

(Instr. 3 and 4)

 

6.

Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

 

7.

Nature of Indirect Beneficial Ownership


(Instr. 4)

 

Code

V

Amount

(A) or (D)

Price

Common Stock, $.10 par value

12/27/01

S

 

18,750

(D)

$8.00

221,250

(I)

(1)

                   
                   
                   
                   
                   
                   
                   
                   
                   

 

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1.

Title of Derivative Security
(Instr.3)

 

2.

Conversion or Exercise Price of Derivative Security

 

3.

Transaction Date
(Month/Day/Year)

 

4.

Transaction Code
(Instr. 8)

 

5.

Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

 

6.

Date Exerciseable and Expiration Date
(Month/Day/Year)

 

7.

Title and Amount of Underlying Securities
(Instr. 3 and 4)

 

8.

Price of Derivative Security
(Instr. 5)

 

9.

Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)

 

10.

Ownership Form of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)

 

11.

Nature of Indirect Beneficial Ownership
(Instr. 4)

 

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

                             
                             
                             
                             
                             
                             
                             
                             
                             

Explanation of Responses:

 
  1. shares held of record by Clint Hurt & Associates, Inc. a private corporation controlled by Mr. Hurt.

/s/ Clint Hurt

---------------------------------------------

** Signature of Reporting Person

Clint Hurt

1/7/01

----------

Date

Reminder:

Report on a separate line for each class of securities beneficially owned directly or indirectly.

*

If the form is filed by more than one reporting person, see Instruction 4(b)(v).

**

Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:

File three copies of this Form, on of which must be manually signed. If space is insufficient, see Instruction 6 for procedure