SEC FORM 3/A

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Simmons Audie G

(Last)

(First)

(Middle)

POST OFFICE BOX 868

100 PIKE WAY

(Street)

MT. AIRY

27030

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/20/2006

3. Issuer Name and Ticker or Trading Symbol
Pike Electric CORP [ pec ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Principal Operating Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)
11/29/2006

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 I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	102,850⁽¹⁾⁽²⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option to buy	⁽³⁾	04/18/2012	Common Stock	231,378	$3.8	D
Option to buy	⁽⁴⁾	10/21/2014	Common Stock	61,904	$6.51	D
Option to buy	⁽⁵⁾	08/01/2015	Common Stock	38,690	$14	D
Option to buy	⁽⁶⁾	11/01/2016	Common Stock	10,000	$18.41	D

Explanation of Responses:

1. 89,401 of these shares accidentally were omitted from the reporting person's original Form 3 and also were omitted from the one Form 4 and and the amended Form 3 filed by the reporting person after his original Form 3 was filed.

2. 13,449 of these shares are restricted common stock, 6,449 of which vest in full on July 27, 2010, 2,000 of which vest in full on October 4, 2009 and 5,000 of which vest in full on November 27, 2011.

3. All of these options are vested and exercisable.

4. Of the 61,904 options held, 31,374 are currently vested and exercisable, 15,265 will vest October 21, 2007 and 15,265 will vest October 21, 2008.

5. These options will vest in equal annual installments on August 1 of each of 2007, 2008, 2009, 2010 and 2011.

6. These options will vest in equal annual installments on November 1 of each of 2007, 2008, and 2009.

	/s/ James R. Wyche by power of attorney for Audie G. Simmons	06/11/2007
	** Signature of Reporting Person	Date
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 5 (b)(v).
** Intentional misstatements or omissions 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 is insufficient, see Instruction 6 for procedure.
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