Lendrum John J III 4
4 · BPZ RESOURCES, INC. · Filed Mar 3, 2011
Insider Transaction Report
Form 4
Lendrum John J III
Director
Transactions
- Award
Incentive Stock Option
2011-03-01+50,000→ 50,000 totalExercise: $6.42Exp: 2021-03-01→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The Company granted to Mr. Lendrum the option to purchase 50,000 shares of the Company's Common Stock on March 1, 2011 pursuant to its 2007 Director's Compensation Plan. The award exercise price is based on the date the Company's Board of Directors approved the award, March 1, 2011. The stock options vest in equal annual installments over two years from the date of grant.