Zuniga Pflucker Manuel Pablo 4
4 · BPZ RESOURCES, INC. · Filed Mar 3, 2011
Insider Transaction Report
Form 4
Zuniga Pflucker Manuel Pablo
DirectorPresident & CEO
Transactions
- Award
Common Stock
2011-03-01+22,411→ 5,022,777 total - Award
Incentive Stock Option
2011-03-01+67,233→ 67,233 totalExercise: $6.42Exp: 2021-03-01→ Common Stock (67,233 underlying)
Footnotes (2)
- [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. Zuniga-Pflucker the option to purchase 67,233 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. The stock options vest annually in three equal installments of 22,411 shares beginning on the first anniversary of the date of grant.