BEARD CO /OK 4
4 · BEARD CO /OK · Filed May 2, 2006
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
MARTINE JACK A
Controller, CAO & Tax Manager
Transactions
- Disposition to Issuer
2005 ISO-3
2006-05-01−5,000→ 0 totalExercise: $2.70From: 2008-06-09Exp: 2010-06-09→ Common Stock, $.0006665 par value (5,000 underlying) - Disposition to Issuer
2005 ISO-2
2006-05-01−5,000→ 0 totalExercise: $2.70From: 2007-06-09Exp: 2010-06-09→ Common Stock, $.0006665 par value (5,000 underlying) - Disposition to Issuer
2005 ISO-1
2006-05-01−5,000→ 0 totalExercise: $2.70From: 2006-06-09Exp: 2010-06-09→ Common Stock, $.0006665 par value (5,000 underlying) - Award
Employee Stock Option (Right to Buy)
2006-05-01+15,000→ 15,000 totalExercise: $1.53From: 2007-05-01Exp: 2016-05-01→ Common Stock, $.0006665 par value (15,000 underlying)
Holdings
- 4,688
Stock Options
Exercise: $1.75From: 1998-10-24Exp: 2006-10-23→ Common Stock, $.0006665 par value (4,688 underlying) - 3,000
Common Stock, $.0006665 par value
- 4,686
Stock Options
Exercise: $1.75From: 1997-10-24Exp: 2006-10-23→ Common Stock, $.0006665 par value (4,686 underlying)
Footnotes (2)
- [F1]The reporting person agreed to the cancellation of the option granted on June 9, 2006 in exchange for the new option.
- [F2]The option becomes exercisable in three equal annual installments beginning May 1, 2007.