PRICE FORD C 4
4 · BEARD CO /OK · Filed Jul 1, 2005
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
PRICE FORD C
Director
Transactions
- Other
2003-2 Deferred Stock Comp. Units
2005-06-30+989.276→ 35,883.08 total→ Common Stock, $.0006665 par value (989.276 underlying)
Holdings
- 90,000(indirect: By Trust)
12%Convertible Subordinated Notes
- 4,898(indirect: By IRA)
Common Stock, $.0006665 par value
- 117,402(indirect: By Trust)
Common Stock, $.0006665 par value
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]These stock units were accrued under The Beard Company 2003-2 Deferred Stock Compensation Plan and are to be settled 100% in BRCO Common Stock upon the reporting person's termination of service or termination of the Plan. This type of security normally doesn't reflect the conversion or exercise price.