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
Dearlove A. James
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(Last) (First) (Middle)
One Radnor Corporate Center, Suite 200
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(Street)
Radnor, PA 19087
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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 1998
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4. If Amendment, Date of Original (Month/Year)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
/X/ Director / / 10% Owner
/X/ Officer (give title below) / / Other (specify below)
President and Chief Executive Officer
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6. Individual or Joint/Group Filing (Check applicable line)
/ X/ 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) --- ---
Common Stock ($6.25 par value) --- ---
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) ---- ---- ----
Common Stock ($6.25 par value) ---- ---- ----
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) 8,990 <F1> I
Common Stock ($6.25 par value) 4,436 <F1> I
7. Nature of Indirect Beneficial
1. Title of Security Ownership
--------------------------------- ------------------------------
<S> <C>
Common Stock ($6.25 par value) ESOP
Common Stock ($6.25 par value) 401(k)
</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:
<F1> Exempt transactions under Rule 16b-3(c). The reported information is
based on quarterly plan statements from December 31, 1997 to September
30, 1998.
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
A. James Dearlove February 11, 1999
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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
