5//SEC Filing
BEARD WILLIAM M 5
Accession 0000909334-09-000049
CIK 0000909992other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:29 PM ET
Size
22.1 KB
Accession
0000909334-09-000049
Insider Transaction Report
Form 5
BEARD CO /OKBRCO
BEARD WILLIAM M
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2008-01-17+42,370→ 1,008,249 total - Exercise/Conversion
Common Stock
2008-03-25+321,212→ 1,329,461 total - Conversion
Common Stock
2008-08-25$1.00/sh+250,000$250,000→ 1,078,958 total(indirect: By Trust) - Exercise/Conversion
2003-2 Deferred Stock Comp. Units
2008-01-17−42,370→ 254,217 total→ Common Stock (42,370 underlying) - Exercise/Conversion
2005 Deferred Stock Comp. Units
2008-03-25−321,212.63→ 0 total→ Common Stock (321,212.63 underlying) - Conversion
Series A and B 12% Convertible Subordinated Notes due 2008
2008-08-25→ 0 totalExercise: $1.00→ Common Stock (250,000 underlying)
Holdings
- 80,250.56(indirect: By 401(k))
Common Stock
- 29,998(indirect: By B&M Limited)
Common Stock
- 72,428(indirect: By Trust)
Common Stock
- 90,348(indirect: By Trust)
Common Stock
- 125,322(indirect: By Trust)
Common Stock
- 10,106(indirect: By Trust)
Common Stock
- 10,106(indirect: By Trust)
Common Stock
- 3,834(indirect: By Trust)
Common Stock
- 2,518(indirect: By Spouse)
Common Stock
Footnotes (5)
- [F1]This represents the number of shares held in The Beard Group 401(k) Plan for the benefit of the reporting person as of 12/31/08.
- [F2]These stock units were accrued under The Beard Company 2003-2 Deferred Stock Compensation Plan and are to be settled 100% in the issuer's Common Stock due to the Plan's termination. The reporting person elected to receive settlement of the shares to be issued to him under the Plan in equal annual installments over a 10-year period.
- [F3]These stock units were accrued under The Beard Company 2005 Deferred Stock Compensation Plan and were settled upon termination of the Plan by issuance of 321,212 shares of the issuer's Common Stock and payment of cash in lieu of the .63 fractional share of a stock unit.
- [F4]The Series A and B Convertible Subordinated Notes were acquired by the reporting person on 10/16/2006 and were immediately convertible into Common Stock at a conversion price of $1.00 per share.
- [F5]The Series A Notes had a maturity date of August 30, 2008. The Series B Notes had a maturity date of November 30, 2008.
Documents
Issuer
BEARD CO /OK
CIK 0000909992
Entity typeother
Related Parties
1- filerCIK 0001191506
Filing Metadata
- Form type
- 5
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 6:29 PM ET
- Size
- 22.1 KB