Benz Laurence N 4
4 · BLUE DOLPHIN ENERGY CO · Filed Jul 2, 2012
Insider Transaction Report
Form 4
Benz Laurence N
Director
Transactions
- Other
Common Stock
2012-06-29$7.63/sh+655$4,998→ 35,370 total
Footnotes (2)
- [F1]Board of Directors Fees.
- [F2]Represents a downward adjustment of 11 shares to correct an accounting error related to a 1 for 7 reverse stock split of Blue Dolphin Energy Company common stock effective July 16, 2010. The reverse stock split adjusted shares were rounded up. The reverse stock split adjusted shares should have been rounded down to account for fractional shares being paid in cash.