Anderson Daniel G 4
4 · BERRY PETROLEUM CO · Filed Feb 9, 2012
Insider Transaction Report
Form 4
Anderson Daniel G
VP of Rocky Mtn. and Mid Conti
Transactions
- Sale
Class A Common Stock
2012-02-07$48.00/sh−10,709$514,032→ 8,810 total - Exercise/Conversion
NSO 2007
2012-02-07$48.00/sh−10,709$514,032→ 0 totalExercise: $43.61From: 2008-12-14Exp: 2012-05-07→ Class A Common Stock (10,709 underlying) - Exercise/Conversion
Class A Common Stock
2012-02-07$48.00/sh+10,709$514,032→ 19,519 total
Holdings
- 1,866
2009 Restricted Stock Units
Exercise: $0.00From: 2010-12-11Exp: 2016-01-09→ Class A Common Stock (1,866 underlying) - 1,140(indirect: By 401(k))
Class A Common Stock
- 2,855
2007 Restricted Stock Unit
Exercise: $0.00From: 2008-12-14Exp: 2016-01-09→ Class A Common Stock (2,855 underlying) - 10,000
2008 Restricted Stock Units
Exercise: $0.00From: 2009-12-12Exp: 2016-01-09→ Class A Common Stock (10,000 underlying)
Footnotes (5)
- [F1]1 for 1
- [F2]Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock
- [F3]The RSU granted vest 25% per year beginning one year after grant but the receipt of shares are subject to a deferral period which is generally at least four years from grant date as per the deferral election.
- [F4]The RSU is subject to a deferral election. Shares of Class A Common Stock will be delivered to the reporting person as per the terms of the deferral election.
- [F5]Approximately 10,075 of these shares were sold to cover the option exercise price and income taxes due on the exercise.