BEARD WILLIAM M 4
4 · BEARD CO /OK · Filed Dec 30, 2010
Insider Transaction Report
Form 4
BEARD CO /OKBRCO
BEARD WILLIAM M
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2010-12-27$0.28/sh−119,877$33,566→ 41,117 total(indirect: By 401(k)) - Other
2003-2 Deferred Stock Comp. Units
2010-12-17−84,739→ 338,955 total→ Common Stock (84,739 underlying) - Other
Common Stock
2010-12-17+84,739→ 2,828,401 total - Award
Common Stock
2010-12-28$0.28/sh+119,877$33,566→ 2,948,278 total
Footnotes (2)
- [F1]This represents the number of shares held in The Beard Group 401(k) Plan for the benefit of the reporting person as of 12/27/10. (latest available information)
- [F2]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 a 10-year period.