Menniti Richard Saverio 4
4 · BPZ RESOURCES, INC. · Filed Apr 6, 2012
Insider Transaction Report
Form 4
Menniti Richard Saverio
Interim CFO
Transactions
- Award
Common Stock
2012-04-04+51,133→ 88,202 total - Award
Incentive Stock Option
2012-04-04+83,143→ 83,143 totalExercise: $4.00Exp: 2022-04-04→ Common Stock (83,143 underlying)
Footnotes (2)
- [F1]The Company granted Mr. Menniti 51,133 shares of restricted stock under the Company's 2007 Long-Term Incentive Compensation Plan. The grant cliff vests on April 4, 2014.
- [F2]The Company granted to Mr. Menniti the option to purchase 83,143 shares of the Company's Common Stock on April 4, 2012 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, April 4, 2012. 27,714 of the stock options vest on the first and second anniversary of the date of grant and the remaining 27,715 stock options vest on the third anniversary of the date of grant.