Gray Gordon 4
4 · BPZ RESOURCES, INC. · Filed Dec 6, 2011
Insider Transaction Report
Form 4
Gray Gordon
Director
Transactions
- Sale
Common Stock
2011-12-05$3.35/sh−30,000$100,410→ 3,971,297 total
Footnotes (3)
- [F1]These shares were sold under a 10b5-1 plan.
- [F2]Represents 129 independent sales as follows: 41 independent sales for a total of 7100 shares at $3.29, 2 independent sales for a total of 200 shares at $3.295, 20 independent sales for a total of 2700 shares at $3.36, 44 independent sales for a total of 8000 shares at $3.34, 18 independent sales for a total of 2000 shares at $3.35 and 4 independent sales for a total of 10000 shares at $3.39.
- [F3]This price represents the weighted average sales price for multiple transactions reported on this line. The execution price of each trade was between $3.29 and $3.39.