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
December, 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>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<S> <C> <C> <C> <C>
1. Title of Security Common Common Common Common
Stock Stock Stock Stock
2. Transaction Date
(Month/Day/Year) 12/4/00 12/4/00 12/4/00 12/7/00
3. Transaction Code P P P P
4. Securities Acquired (A)
or Disposed of (D)
Amount 2000 500 500 1500
(A) or (D) A A A A
Price $1.375 $1.50 $1.75 $1.5625
5. Amount of Securities
Beneficially Owned at
End of Month 90,000 65,000
6. Ownership Form: Direct
(D) or Indirect (I) D I
7. Nature of Indirect
Beneficial Ownership Spouse
</TABLE>
<TABLE>
TABLE II- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C>
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
</TABLE>
Signature of Reporting Person:
/s/ Jerry Kenline 1/9/01
