4//SEC Filing
BPZ RESOURCES, INC. 4
Accession 0001179110-08-000388
CIK 0001023734operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:23 PM ET
Size
8.1 KB
Accession
0001179110-08-000388
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2008-01-01+75,000→ 525,000 total - Award
Incentive Stock Option
2008-01-01+250,000→ 350,000 totalExercise: $11.88Exp: 2018-01-01→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]On January 1, 2008, the reporting person was granted 75,000 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 date of grant.
- [F2]On January 1, 2008, the reporting person was granted 250,000 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 $11.88 per share. The Option vests in three equal installments of 83,333 shares over the succeeding three anniversaries of the date of grant. Generally, the unexercised portion of the option shall expire and cease to be exercisable on the tenth anniversary of the date of grant.
- [F3]Includes 50,000 shares of Common Stock that vested on April 14, 2007 and 50,000 shares of common stock that will vest on April 14, 2008.
Documents
Issuer
BPZ RESOURCES, INC.
CIK 0001023734
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0001023734
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 6:23 PM ET
- Size
- 8.1 KB