FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL 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
/ / Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
See instruction 1(b).
/ / Form 3 Holdings Reported
/ / Form 4 Transactions Reported
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1. Name and Address of Reporting Person
Black Lennox K.
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(Last) (First) (Middle)
630 West Germantown Pike, Suite 461
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(Street)
Plymouth Meeting PA 19462
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(City) (State) Zip)
2. Issuer Name and Ticker or Trading Symbol
Penn Virginia Corporation (PVA)
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3. Statement for Month/Year
December 1997
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4. If Amendment, Date of Original (Month/Year)
None
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
/XX/ Director / / 10% Owner
/ / Officer (give title below) / / Other (specify below)
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6. Individual or Joint/Group Filing (Check applicable line)
/XX/ Form Filed by one Reporting Person
/ / Form filed by more than one Reporting Person
<TABLE>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
2. Transaction
Date 3. Transaction
1. Title of Security (Mo/Day/Yr) Code
--------------------------------- ------------ ------------
<S> <C> <C>
Common Stock ($6.25 par value) 12/24/97 G
4. Securities Acquired (A)
or Disposed of (D)
-------------------------------
1. Title of Security Amount (A) or (D) Price
--------------------------------- -------- ---------- ---------
<S> <C> <C> <C>
Common Stock ($6.25 par value) 2,000 D N/A
5. Amount of
Securities 6. Ownership
Beneficially Form:
Owned at End Direct (D)
of Issuer's or Indirect
1. Title of Security Fiscal Year (I)
--------------------------------- -------------- ------------
<S> <C> <C>
Common Stock ($6.25 par value) 61,052 D
2,000 I
7. Nature of Indirect Beneficial
1. Title of Security Ownership
--------------------------------- ------------------------------
<S> <C>
Common Stock ($6.25 par value By Spouse
</TABLE>
<PAGE> 2
<TABLE>
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED(e.g. puts, calls, warrants, options, convertible
securities)
<CAPTION>
2. Conversion or
Exercise Price 3. Transaction
of Derivative Date
1. Title of Derivative Security Security (Mo/Day/Yr)
--------------------------------- ------------- -----------
<S> <C> <C>
None
5. Number of
Derivative
Securities
Acquired (A)
or Disposed of
(D)
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1. Title of Derivative Security 4. Transaction Code (A) (D)
---------------------------------- ----------------- ------ -----
<S> <C> <C> <C>
None
7. Title and
Amount of
6. Date Exercisable Underlying
and Expiration Securities
Date ---------------
(Mo/Day/Year) Amount
----------------- or
Date Expira- Number
Exer- tion of
1. Title of Derivative Security cisable Date Title Shares
---------------------------------- -------- -------- ------ ------
<S> <C> <C> <C> <C>
None
9. Number of
Derivative
Securities
8. Price of Beneficially
Derivative Owned at End of
1. Title of Derivative Security Security Year
---------------------------------- ----------------- ---------------
<S> <C> <C>
None
10. Ownership of
Derivative 11. Nature of
Security Indirect
Direct (D) or Beneficial
1. Title of Derivative Security Indirect (I) Ownership
------------------------------ ---------------- ----------------
<S> <C> <C>
None
</TABLE>
Explanation of Responses:
(1) On August 15, 1997, the common stock of Penn Virginia Corporation split
2-for-1 resulting in the reporting person's acquisition of 31,526
additional shares of common stock.
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
Lennox K. Black February 10, 1998
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Signature of Reporting Person Date
By: /s/ Nancy M. Snyder
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Nancy M. Snyder
General Counsel and Corporate Secretary
LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned
individual, Lennox K. Black, does hereby appoint Nancy M.
Snyder as his true and lawful attorney to execute and deliver for
him and in his name all Forms 3, 4 and 5 filed on behalf of the
undersigned with the Securities and Exchange Commission.
The undersigned hereby ratifies and confirms all that said
attorney shall do by virtue of the powers granted hereby. The
undersigned does hereby indemnify such attorney, and holds such
attorney harmless, from all claims which may be made against the
undersigned as a result of her serving as the undersigned's
attorney except to the extent that such claims result from her
willful misconduct.
This Power of Attorney shall terminate immediately upon the
undersigned's written revocation hereof.
IN WITNESS WHEREOF, and intending to be legally bound, the
undersigned has executed and delivered this Power of Attorney
this 27th day of October, 1997.
/s/ Lennox K. Black
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Lennox K. Black
