BPZ ENERGY INC 4
4 · BPZ ENERGY INC · Filed Jul 7, 2006
Insider Transaction Report
Form 4
BPZ ENERGY INCBPZI
MILLER E BARGER III
Director
Transactions
- Purchase
Incentive Stock Option
2006-06-15+250,000→ 250,000 totalExercise: $3.35Exp: 2016-06-15→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]On June 15, 2006, the reporting person was granted an option to purchase 250,000 shares of Common Stock pursuant to the Company's 2005 Long-Term Incentive Compensation Plan. The exercise price of the Common Stock covered by the Option is $3.35 per share. The Option vests annually in two equal installments of 125,000 shares each. The installments vest on each of the succeeding two anniversaries of the Date of Grant.