BERRY PETROLEUM CO 4
4 · BERRY PETROLEUM CO · Filed Dec 19, 2013
Insider Transaction Report
Form 4
Reddin Michael
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2013-12-16−5,308→ 0 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Class A Common Stock (4,426 underlying) - Disposition to Issuer
March 2 2012 Director RSU Grant
2013-12-16−2,231→ 0 totalExercise: $0.00From: 2012-03-02Exp: 2022-03-02→ Class A Common Stock (2,231 underlying) - Disposition to Issuer
March 4, 2013 Director RSU Grant
2013-12-16−2,629→ 0 totalExercise: $0.00From: 2013-03-04Exp: 2023-03-04→ Class A Common Stock (2,629 underlying) - Disposition to Issuer
RSU 12-16-2013
2013-12-16−2,479→ 0 totalExercise: $0.00From: 2013-12-16Exp: 2013-12-31→ Class A Common Stock (2,479 underlying) - Exercise/Conversion
RSU 12-16-2013
2013-12-16$47.25/sh+2,479$117,133→ 2,479 totalExercise: $0.00From: 2013-12-16Exp: 2013-12-31→ Class A Common Stock (2,479 underlying) - Award
Phantom Stock Units
2013-12-16$47.25/sh+514$24,287→ 5,308 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Class A Common Stock (4,426 underlying) - Disposition to Issuer
March 2011 Director RSU
2013-12-16−2,499→ 0 totalExercise: $0.00From: 2012-03-02Exp: 2021-03-02→ Class A Common Stock (2,499 underlying)
Footnotes (4)
- [F1]RSU Grant awarded to Board of Directors at completion of Merger pursuant to Board action as disclosed in the Merger Proxy materials.
- [F2]Phantom Stock Units acquired under the Company's Non-Employee Director Deferred Compensation Plan in a transaction exempt under Rule 16b-3(c). Shares of Common Stock are issued under terms of the Plan upon resignation from the board of directors.
- [F3]Disposed of pursuant to the merger (the "Merger") of Berry Petroleum Company ("Berry") with LinnCo, LLC ("LinnCo") in a stock-for-stock merger, which was completed on December 16, 2013. Following the transaction Berry is an indirect wholly-owned subsidiary of Linn Energy, LLC. Pursuant to the Merger agreement each RSU was exchanged for 1.68 shares of LinnCo common shares.
- [F4]Disposed of pursuant to the merger (the "Merger") of Berry Petroleum Company ("Berry") with LinnCo, LLC ("LinnCo") in a stock-for-stock merger, which was completed on December 16, 2013. Following the transaction Berry is an indirect wholly-owned subsidiary of Linn Energy, LLC. Pursuant to the Merger agreement each Phantom Stock Unit was exchanged for 1.68 shares of LinnCo common shares.