Caminos Edward G 4
4 · BPZ RESOURCES, INC. · Filed Jul 22, 2010
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2010-07-21$3.41/sh−44,000$150,040→ 342,865 total - Sale
Commmon Stock
2010-07-22$3.46/sh−13,400$46,364→ 329,465 total
Footnotes (8)
- [F1]This sale resulted from a margin call by a broker to whom these shares were pledged.
- [F2]Represents 4 independent sales as follows: 2 independent sales for a total of 19118 shares at $3.40, 1 independent sale for a total of 10982 shares at $3.41 and 1 independent sale for a total of 13900 shares at $3.42.
- [F3]Execution price of each trade was between $3.40 and $3.42.
- [F4]Included in the 342,865 shares are 9,800 shares that are subject to the approval of the amendment of the Company's 2007 Long-Term Incentive Compensation Plan during the 2010 Annual Meeting of Shareholders.
- [F5]The number of shares reflected above as beneficially owned by Mr. Caminos includes 3,865 shares held of record by his wife in a trust. Mr. Caminos disclaims beneficial ownership of these shares.
- [F6]Represents 16 independent sales as follows: 9 independent sales for a total of 10170 shares at $3.46, 2 independent sales for a total of 200 shares at $3.4625 and 5 independent sale for a total of 3030 shares at $3.47.
- [F7]Execution price of each trade was between $3.46 and $3.47.
- [F8]Included in the 329,465 shares are 9,800 shares that are subject to the approval of the amendment of the Company's 2007 Long-Term Incentive Compensation Plan during the 2010 Annual Meeting of Shareholders.