PRICE FORD C 4
4 · BEARD CO /OK · Filed Jan 18, 2005
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
PRICE FORD C
Director
Transactions
- Other
12%Convertible Subordinated Notes
2005-01-14$1.00/sh+90,000$90,000→ 90,000 total(indirect: By Trust) - Other
9% Convertible Subordinated Notes
2005-01-14$1.20/sh−75,000$90,000→ 0 total(indirect: By Trust)
Footnotes (2)
- [F1]On January 14, 2005 the 9% Convertible Subordinated Notes were exchanged for 12% Convertible Subordinated Notes. Like the 9% Convertible Subordinated Notes these 12% Notes are convertible into shares of the Company's common stock but at a reduced conversion price of $1.00 per share.
- [F2]On October 29, 2004 Ford C. Price Trust purchased $90,000 of the Company's 9% Convertible Subordinated Notes. The Notes are convertible into shares of the Company's common stock at the conversion price of $1.20 per share.