TAYLOR JAMES B 4
4 · BPZ RESOURCES, INC. · Filed Apr 6, 2012
Insider Transaction Report
Form 4
TAYLOR JAMES B
Director
Transactions
- Award
Common Stock
2012-04-04+16,125→ 56,220 total - Award
Incentive Stock Option
2012-04-04+26,220→ 26,220 totalExercise: $4.00Exp: 2022-04-04→ Common Stock (26,220 underlying)
Footnotes (2)
- [F1]The Company granted to Mr. Taylor 16,125 shares of restricted stock under the Company's 2007 Director's Compensation Incentive Plan. The grant cliff vests on April 4, 2014.
- [F2]The Company granted to Mr. Taylor the option to purchase 26,220 shares of the Company's Common Stock on April 4, 2012 pursuant to its 2007 Director's Compensation Incentive Plan. The award exercise price is based on the date the Company's Board of Directors approved the award, April 4, 2012. The stock options vest in equal annual installments over two years from the date of grant.