OAKRIDGE HOLDINGS INC
4, 2000-05-08
LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES)
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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

     Jerry Kenline
     5535 Waterford Circle
     Shorewood, MN 55331

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

     April, 2000

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

6. Relationship of Reporting Person to Issuer (Check all applicable)

     [ ] Director
     [ ] Officer (give title)
     [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                      4/7/00

3. Transaction Code                     P

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

          Amount                        4,000
          (A) or (D)                    A
          Price                         $1.375

5. Amount of Securities
   Beneficially Owned at
   End of Month                       85,000   65,000

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

7. Nature of Indirect
   Beneficial Ownership                        Spouse





TABLE II- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security                             Stock Option
                                                            (Right to Buy)

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                          75,000 A
   Acquired (A)or Disposed of (D)

6. Date Exercisable                                         Immediately
   Expiration Date (Month/Date/Year)                        7/1/06

7. Title of Underlying Securities                           Common Stock
   Amount of Underlying Securities                          75,000

8. Price of Derivative Security                             $2.00

9. Number of Derivative Securities
   Beneficially Owned at End of Month                       75,000

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

11.Nature of Indirect Beneficial Ownership



EXPLANATION OF RESPONSES:


*Convertible subordinated debentures



Signature of Reporting Person:

/s/ Jerry Kenline    5/8/00


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