OAKRIDGE HOLDINGS INC
4, 1999-03-10
LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES)
Previous: NORTHEAST UTILITIES SYSTEM, 35-CERT, 1999-03-10
Next: TRANSAMERICA OCCIDENTALS SEPARATE ACCOUNT FUND B, N-30D, 1999-03-10



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 C. Harvey
     4810 120th Street West
     Apple Valley, MN 55124-8628

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

     February, 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)   Chief Executive Officer
     [X] 10% Owner
     [ ] Other (specify)








TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED

1. Title of Security                                        Common Stock

2. Transaction Date (Month/Day/Year)                        2/19/99

3. Transaction Code                                         P

4. Securities Acquired (A) or  Disposed of (D)

          Amount                                            1150
          (A) or (D)                                        A
          Price                                             $3.00

5. Amount of Securities
   Beneficially Owned at
   End of Month               32,900    4,907     12,500    165,172

6. Ownership Form: Direct
   (D) or Indirect (I)        I         I         I         D

7. Nature of Indirect
   Beneficial Ownership       Wife      Daughter  Daughter




<TABLE>
TABLE II- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., puts, calls,
warrants, options, convertible securities)
<S>                                          <C>                 <C>                 <C>
1. Title of Derivative Security              Stock Option        Debenture           Stock Option   
                                             (Right to Buy)      (Right to           (Right to Buy) 
                                                                  Convert)

2. Conversion or Exercise Price of 
   Derivative Security                       $.25                $2.00               $.38

3. Transaction Date (Month/Date/Year)        

4. Transaction Code                          J*                  J**                 J***

5. Number of Derivative Securities           40,000 A            85,000 A            40,000 A
   Acquired (A)or Disposed of (D)

6. Date Exercisable                          Immediately         Immediately         Immediately
   Expiration Date (Month/Date/Year)         6/30/99             6/30/06             9/30/01

7. Title of Underlying Securities            Common Stock        Common Stock        Common Stock
   Amount of Underlying Securities           40,000              85,000              40,000
                                   
8. Price of Derivative Security              *                   **                  ***

9. Number of Derivative Securities 
   Beneficially Owned at End of Month                                                379,329

10.Ownership Form of Derivative Security:
   Direct (D) or Indirect (I)                D                   D                   D

11.Nature of Indirect Beneficial Ownership



EXPLANATION OF RESPONSES:

*Grant to reporting person of option to buy 40,000 shares of common stock immediately exercisable.

**Convertible debenture purchased on 7/1/98. Debenture convertible anytime at $2.00 per share.

***Grant to reporting person of option to buy 40,000 shares of common stock immediately exercisable.
</TABLE>


Signature of Reporting Person:

/s/ Robert C. Harvey    3/10/99


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission