BPZ RESOURCES, INC.·4

Mar 13, 7:36 PM ET

Ledgard Joseph Durkin 4

4 · BPZ RESOURCES, INC. · Filed Mar 13, 2013

Insider Transaction Report

Form 4
Period: 2013-03-01
Ledgard Joseph Durkin
Chief Legal Officer
Transactions
  • Award

    Common Stock

    2013-03-01+96,507365,814 total
  • Award

    Incentive Stock Option

    2013-03-01+161,350161,350 total
    Exercise: $2.72Exp: 2023-03-01Common Stock (161,350 underlying)
Footnotes (2)
  • [F1]The Company granted Mr. Ledgard 96,507 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. Ledgard the option to purchase 161,350 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. 53,783 of the stock options vest on the first and second anniversary of the date of grant and the remaining 53,784 stock options vest on the third anniversary of the date of grant.

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