BEARD CO /OK 4
4 · BEARD CO /OK · Filed Jul 20, 2010
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
MEE HERB JR
DirectorPresident and CFO
Transactions
- Exercise/Conversion
2003-2 Deferred Stock Comp. Units
2010-07-20−47,528→ 95,056 total→ Common Stock (47,528 underlying) - Exercise/Conversion
Common Stock
2010-07-20+47,528→ 641,578 total
Footnotes (1)
- [F1]These stock units were accrued under The Beard Company 2003-2 Deferred Stock Compensation Plan and are to be settled 100% in the issuer's Common Stock due to the Plan's termination. The reporting person elected to receive settlement of the shares to be issued to him under the Plan in equal annual installments over an 8-year period.