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4//SEC Filing

MORRIS TIMOTHY S 4

Accession 0001005477-07-003700

CIK 0001373670other

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 8:33 PM ET

Size

8.3 KB

Accession

0001005477-07-003700

Insider Transaction Report

Form 4
Period: 2007-06-19
MORRIS TIMOTHY S
Vice President - Operations
Transactions
  • Award

    Common stock, par value $0.01 per share

    2007-06-19+11,76511,765 total
  • Award

    Option to Buy

    2007-06-19+40,00040,000 total
    Exercise: $10.50Common Stock, par value $0.01 per share (40,000 underlying)
Footnotes (3)
  • [F1]Consists of 11,765 shares of restricted common stock of BioFuel Energy Corp. (the "Company") granted to Mr. Morris pursuant to the Company's 2007 Equity Incentive Compensation Plan that will vest in equal increments of 25% per year on the first four anniversaries of the date of the grant. In addition, Mr. Morris holds 12,359 shares of Class B Common Stock, par value $0.01 per share, of the Company and 12,359 LLC membership units of BioFuel Energy, LLC which may be exchanged at any time for common stock of the Company on a one-for-one basis.
  • [F2]Stock options were granted to Mr. Morris pursuant to Company's 2007 Equity Incentive Compensation Plan and will vest with respect to 30%, 30% and 40% of the shares of common stock on each of the first three anniversaries of the grant date.
  • [F3]Each option will expire upon the earlier of (i) the fifth anniversary of the date the option is granted and (ii) either (x) 90 days after the participant who is holding the option ceases to be a Director, officer or employee of the Company or one of its affiliates for any reason other than the participant's death or (y) six months after the date the participant who is holding the option ceases to be a Director, officer or employee of the Company or one of its affiliates by reason of the participant's death.

Issuer

BioFuel Energy Corp.

CIK 0001373670

Entity typeother

Related Parties

1
  • filerCIK 0001368296

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 8:33 PM ET
Size
8.3 KB