Caminos Edward G 4
4 · BPZ RESOURCES, INC. · Filed Mar 3, 2011
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2011-03-01+14,241→ 343,706 total - Award
Incentive Stock Option
2011-03-01+42,724→ 42,724 totalExercise: $6.42Exp: 2021-03-01→ Common Stock (42,724 underlying)
Footnotes (3)
- [F1]The Company granted Mr. Zuniga-Pflucker 22,411 shares of restricted stock under the BPZ Energy, Inc. 2007 Long-Term Incentive Compensation Plan. The restricted stock will vest on the second anniversary of the grant date, March 1, 2011.
- [F2]The Company granted to Mr. Caminos the option to purchase 42,724 shares of the Company's Common Stock on March 1, 2011 pursuant to its 2007 Long-Term Incentive Compensation Plan. The award exercise price is based on the date the Company's Board of Directors approved the award, March 1, 2011. 14,241 of the stock options vest on the first and second anniversary of the date of grant and the remaining 14, 242 stock options vest on the third anniversary of the date of grant.
- [F3]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.