4 1 october31form4.txt FORM 4 - OCTOBER 31, 2002 ------------ FORM 4 ------------ |_| CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(B). OMB APPROVAL ------------ OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response..................................0.5 UNITED STATES 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 (Print or Type Responses) -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* UNION OIL COMPANY OF CALIFORNIA -------------------------------------------------------------------------------- (Last) (First) (Middle) 2141 ROSECRANS AVENUE -------------------------------------------------------------------------------- (Street) EL SEGUNDO CA 90245 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name AND Ticker or Trading Symbol PURE RESOURCES, INC. (NYSE - PRS) -------------------------------------------------------------------------------- 3. Identification Number of Reporting Person, if an entity (voluntary) 95-1315450 -------------------------------------------------------------------------------- 4. Statement for Month/Day/Year 10/30/02 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer [_] Other (give title below) (specify below) -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [_] Form filed by More than One Reporting Person --------------------------------------------------------------------------- TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ================================================================================ 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of 3. Transaction or Disposed of (D) Securities Form: Direct Indirect Code(Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial 1. Title of -------------- ------------------------ Owned at End of Indirect (I) Ownership Security 2. Transaction Date Code V Amount (A) Price Month (Instr. 4) (Instr. 4) (Instr. 3) (Month/Day/Year) or (D) (Instr. 3 and 4) ----------------------------------------------------------------------------------------------------------------------------------- COMMON STOCK, 10/30/02 P 17,901,019(1) A(1) (1) (1) D PAR VALUE $0.01 PER SHARE ----------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. *If the form is filed by more than one reporting person, see Instruction 4(b)(v) POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. (Over) SEC 1474 (3-99) Page 1 of 2
FORM 4 (continued) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------- 1. Title of 2. Conver- 3. Trans- 4. Trans 5. Number of 6. Date 7. Title and 8. Price of 9. Num 10. Ownership 11. Nature Derivative sion or action action Derivative Exercisable Amount of Deriv- ber Form of of In- Security Exercise Date Code Securities and Expiration Under- ative of Deriv- direct (Instr. 3) Price of (Month/ (Instr. Acquired (A) Date lying Security Deriv- ative Benefi- Deriva- Day/ 8) or Disposed (Month (Securities (Instr. 5) ative Security: cial tive Year) -------- of (D) Day/Year) (Instr. Secur- Direct Owner- Security Code V (Instr. --------------- 3 and 4) ities (D) or ship 3, 4, Date Expira- -------------- Bene- Indirect (Instr. and 5) Exer- tion Title Amount ficially (I) 4) ----------- cisable Date or Owned (Instr. 4) (A) (D) Number at End of of Month Shares (Instr. 4) --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) On October 30, 2002, Union Oil Company of California completed an exchange offer for shares of Pure Resources, Inc. pursuant to which Union Oil accepted 16,634,625 Pure shares in exchange for 12,309,622 shares of Unocal Corporation, and resulting in Union Oil owning a total of 49,343,692 shares of Pure. Also on October 30, 2002, Union Oil merged a wholly owned subsidiary of Union Oil with and into Pure (the "Merger"), pursuant to which Union Oil acquired the remaining 1,266,394 shares of Pure in exchange for an additional 937,131 shares of Unocal and resulting in Union Oil owning all of the outstanding shares of Pure. The outstanding shares of Pure were cancelled pursuant to the Merger and Pure became a wholly-owned subsidiary of Union Oil. On the effective date of the Merger, the closing price of Unocal common stock was $28.34. UNION OIL COMPANY OF CALIFORNIA By: /s/ Douglas M. Miller 10/31/02 ------------------------------- ----------- **Signature of Reporting Person Date Name: Douglas M. Miller Title: Vice President, Corporate Development **Intentional misstatements or ommissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information conained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 of 2