Zuniga-Rivero Fernando J 4
4 · BPZ RESOURCES, INC. · Filed Feb 7, 2011
Insider Transaction Report
Form 4
Zuniga-Rivero Fernando J
DirectorChairman
Transactions
- Sale
Common Stock
2011-02-03$6.00/sh−25,000$150,088→ 4,865,936 total
Footnotes (4)
- [F1]These shares were sold under a 10b5-1 plan.
- [F2]Represents 19 independent sales as follows: 1 independent sale for a total of 21193 shares at $6.00, 3 independent sales for a total of 600 shares at $6.01, 10 independent sales for a total of 1407 shares at $6.02 and 5 independent sales for a total of 1800 shares at $6.03.
- [F3]This price represents the weighted average sales price for multiple transactions reported on this line. The execution price of each trade was between $6.00 and $6.03.
- [F4]The number of shares reflected above as beneficially owned by Dr. Zuniga y Rivero includes 942,006 shares, 195,107 shares, 1,191,917 shares and 140,902 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.