BEARD CO /OK 4
4 · BEARD CO /OK · Filed Sep 2, 2003
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
WILLIAM M LU BEARD 1998 CHARITABLE UNITRUST
10% OwnerOther
Transactions
- Other
Common Stock Warrants
2003-09-01+4,500→ 4,500 totalExercise: $1.00From: 2003-09-01Exp: 2008-08-31→ Common Stock, $.001333 par value (4,500 underlying)
Holdings
- 240,779
Common Stock, $.001333 par value
- 6,000
Common Stock Warrants
Exercise: $1.00From: 2002-12-01Exp: 2007-11-30→ Common Stock, $.001333 par value (6,000 underlying)
Footnotes (4)
- [F1]On May 31, 2002, the Charitable Unitrust purchased $120,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 24,000 shares of the Company's common stock, depending on the holding period of the Notes. The Charitable Unitrust received 4,500 Warrants as of September 1, 2003 as a result of holding the Notes more than fifteen months. No consideration was paid for the Warrants
- [F2]On May 31, 2002, the Charitable Unitrust purchased $120,000 of the Company's 10% subordinated Notes, together with a contingent right to receive Warrants to purchase up to 24,000 shares of the Company's common stock, depending on the holding period of the Notes. The Charitable Unitrust received 6,000 Warrants as of December 1, 2002, as a result of holding the Notes more than six months. No consideration was paid for the Warrants.
- [F3]On May 31, 2002, the Charitable Unitrust purchased $120,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 24,000 shares of the Company's common stock, depending on the holding period of the Notes. The Charitable Unitrust received 6,0000 Warrants as of March 1, 2003 as a result of holding the Notes more than nine months. No consideration was paid for the Warrants.
- [F4]On May 31, 2002, the Charitable Unitrust purchased $120,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 24,000 shares of the Company's common stock, depending on the holding period of the Notes. The Charitable Unitrust received 6,000 Warrants as of June 1, 2003 as a result of holding the Notes more than twelve months. No consideration was paid for the Warrants