Briens Frederic 4
4 · BPZ RESOURCES, INC. · Filed Aug 25, 2011
Insider Transaction Report
Form 4
Briens Frederic
Chief of Strategy
Transactions
- Sale
Common Stock
2011-08-24$3.06/sh−35,000$107,002→ 665,062 total
Footnotes (3)
- [F1]These shares were sold under a 10b5-1 plan.
- [F2]Represents 87 independent sales as follows: 57 independent sales for a total of 20,865 shares at $3.05, 10 independent sales for a total of 3,000 shares at $3.06 and 20 independent sales for a total of 11,135 shares at $3.07.
- [F3]This price represents the weighted average sales price for multiple transactions reported on this line. The execution price of each trade was between $3.05 and $3.07.