Spies Richard James 4
4 · BPZ RESOURCES, INC. · Filed Mar 13, 2013
Insider Transaction Report
Form 4
Spies Richard James
Chief Operating Officer
Transactions
- Award
Common Stock
2013-03-01+123,851→ 457,884 total - Award
Incentive Stock Option
2013-03-01+207,066→ 207,066 totalExercise: $2.72Exp: 2023-03-01→ Common Stock (207,066 underlying)
Footnotes (2)
- [F1]The Company granted Mr. Spies 123,851 shares of restricted stock under the Company's 2007 Long-Term Incentive Compensation Plan. The grant cliff vests on March 1, 2015.
- [F2]The Company granted to Mr. Spies the option to purchase 207,066 shares of the Company's Common Stock on March 1, 2013 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, March 1, 2013. The stock options vest annually in three equal installments of 69,022 shares beginning on the first anniversary of the date of grant.