Gray Gordon 4
4 · BPZ RESOURCES, INC. · Filed Apr 6, 2012
Insider Transaction Report
Form 4
Gray Gordon
Director
Transactions
- Award
Common Stock
2012-04-04+10,750→ 3,942,047 total - Award
Incentive Stock Option
2012-04-04+17,480→ 17,480 totalExercise: $4.00Exp: 2022-04-04→ Common Stock (17,480 underlying)
Footnotes (2)
- [F1]The Company granted to Mr. Gray 10,750 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. Gray the option to purchase 17,480 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.