FORM 4 U.S. 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
1. Name and Address of Reporting Person
Robert B. Gregor
844 Oriole Lane
Chaska, MN 55318
2. Issuer Name and Ticker of Trading Symbol
Oakridge Holdings, Inc. (OKRG)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
June, 1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all
applicable)
[X] Director
[X] Officer (give title) Secretary
[X] 10% Owner
[ ] Other (specify)
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED
1. Title of Security
2. Transaction Date (Month/Day/Year)
3. Transaction Code
4. Securities Acquired (A) or Disposed of (D)
Amount
(A) or (D)
Price
5. Amount of Securities
Beneficially Owned at
End of Month 5,775 600 1,250 500 154,564
6. Ownership Form: Direct
(D) or Indirect (I) I I I I D
7. Nature of Indirect
Beneficial Ownership Wife Son Son Daughter
TABLE II- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security Debenture
(Right to Convert)
2. Conversion or Exercise Price of
Derivative Security $2.00
3. Transaction Date (Month/Date/Year)
4. Transaction Code J*
5. Number of Derivative Securities 25,000 A
Acquired (A)or Disposed of (D)
6. Date Exercisable Immediately
Expiration Date (Month/Date/Year) 6/30/06
7. Title of Underlying Securities Common Stock
Amount of Underlying Securities 25,000
8. Price of Derivative Security *
9. Number of Derivative Securities
Beneficially Owned at End of Month 187,689
10.Ownership Form of Derivative Security:
Direct (D) or Indirect (I) D
11.Nature of Indirect Beneficial Ownership
EXPLANATION OF RESPONSES:
*Convertible debenture purchased on 6/30/99. Debenture convertible anytime
at $2.00 per share.
Signature of Reporting Person:
/s/ Robert B. Gregor 7/8/99
