BEARD CO /OK 4
4 · BEARD CO /OK · Filed Feb 16, 2005
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
WILLIAM M LU BEARD 1998 CHARITABLE UNITRUST
10% OwnerOther
Transactions
- Exercise of In-Money
Common Stock, $.0006665 par value
2005-02-14$0.35/sh+12,000$4,247→ 795,958 total - Exercise of In-Money
Common Stock Warrants
2005-02-14$0.35/sh−12,000$4,247→ 0 totalExercise: $0.50From: 2002-12-01Exp: 2007-11-30→ Common Stock, $.0006665 par value (12,000 underlying) - Exercise of In-Money
Common Stock Warrants
2005-02-14$0.36/sh−9,000$3,213→ 0 totalExercise: $0.50From: 2003-09-01Exp: 2008-08-31→ Common Stock, $.0006665 par value (9,000 underlying) - Exercise of In-Money
Common Stock, $.0006665 par value
2005-02-14$0.36/sh+9,000$3,213→ 828,958 total
Footnotes (5)
- [F1]These shares were issued as a result of exercising warramts listed in Table II.
- [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
- [F5]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