PRICE FORD C 4
4 · BEARD CO /OK · Filed Oct 2, 2007
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
PRICE FORD C
Director
Transactions
- Other
2005 Deferred Stock Comp. Units
2007-09-28+3,081.66→ 22,988.57 total→ Common Stock, $.0006665 par value (3,081.66 underlying)
Holdings
- 15,000(indirect: By Trust)
Series A 12% Convertible Subord Note 08/30/08
- 154,132(indirect: By Trust)
Common Stock, $.0006665 par value
- 90,000(indirect: By Trust)
12% Convertible Subordinated Notes 2010
- 5,000(indirect: By Trust)
Common Stock Warrants
Exercise: $0.80From: 2007-09-17Exp: 2009-09-17→ Common Stock, $.0006665 par value (5,000 underlying) - 4,898(indirect: By IRA)
Common Stock, $.0006665 par value
Footnotes (2)
- [F1]These stock units were accrued under The Beard Company 2005 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.
- [F2]On September 17, 2007, the FCP Trust purchased $50,000 of the Company's 12% notes due 9/17/09, together with Warrants to purchase 5,000 shares of Beard's common stock. No consideration was paid for the Warrants