Ledgard Joseph Durkin 4
4 · BPZ RESOURCES, INC. · Filed Apr 6, 2012
Insider Transaction Report
Form 4
Ledgard Joseph Durkin
Chief Legal Officer
Transactions
- Award
Common Stock
2012-04-04+47,414→ 178,907 total - Award
Incentive Stock Option
2012-04-04+77,096→ 77,096 totalExercise: $4.00Exp: 2022-04-04→ Common Stock (77,096 underlying)
Footnotes (2)
- [F1]The Company granted Mr. Ledgard 47,414 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. Ledgard the option to purchase 77,096 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. 25,699 shares each vest on the first and second anniversary of the date of grant and 25,698 shares vest after the third anniversary from the date of grant.