4//SEC Filing
Zuniga-Rivero Fernando J 4
Accession 0001104659-09-041381
CIK 0001023734other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 3:28 PM ET
Size
8.8 KB
Accession
0001104659-09-041381
Insider Transaction Report
Form 4
Zuniga-Rivero Fernando J
DirectorChairman
Transactions
- Award
Incentive Stock Option
2009-07-01+71,500→ 71,500 totalExercise: $5.27Exp: 2019-07-01→ Common Stock (71,500 underlying) - Award
Common Stock
2009-07-01+23,850→ 4,927,736 total
Footnotes (4)
- [F1]On June 29, 2009, the reporting person was granted 23,850 shares of Common Stock pursuant to the Company's 2007 Long-term Incentive Compensation Plan. The Grant cliff vests on the second anniversary of the effective date of grant, July 1, 2009
- [F2]The number of shares reflected above as beneficially owned by Dr. Zuniga y Rivero includes 1,049,846 shares, 228,169 shares and 1,191,917 shares held in grantor retained annuity trusts, but does not include 81,563 shares held of record by his wife, Blanca Pflucker de Zuniga as Dr Zuniga y Rivero disclaims beneficial ownership of these shares.
- [F3]On July 1, 2009, the reporting person was granted an option to purchase 71,500 shares of Common Stock pursuant to the Company's 2007 Long-Term Incentive Compensation Plan. The exercise price of the Common stock covered by the Option is $5.27 per share. The Option vests in two equal annual installments of 23,833 shares and one annual installment of 23,834 shares over the succeeding three anniversaries of the effective date of grant, July 1, 2009. The unexercised portion of the option shall expire and cease to be exercisable on July 1, 2019.
- [F4]The exercise price is based on the closing market price on the date of Board approval of the grant of June 26, 2009.
Documents
Issuer
BPZ RESOURCES, INC.
CIK 0001023734
Entity typeother
Related Parties
1- filerCIK 0001303298
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 3:28 PM ET
- Size
- 8.8 KB