4//SEC Filing
BPZ RESOURCES, INC. 4
Accession 0001437749-13-013829
CIK 0001023734operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 5:36 PM ET
Size
12.4 KB
Accession
0001437749-13-013829
Insider Transaction Report
Form 4
Spies Richard James
Chief Operating Officer
Transactions
- Disposition to Issuer
Incentive Stock Option
2013-10-31−84,477→ 42,238 totalExercise: $0.00Exp: 2014-04-29→ Common Stock (84,477 underlying) - Disposition to Issuer
Common Stock
2013-10-31−301,781→ 156,103 total - Disposition to Issuer
Incentive Stock Option
2013-10-31−6,104→ 12,206 totalExercise: $0.00Exp: 2014-04-29→ Common Stock (6,104 underlying) - Disposition to Issuer
Incentive Stock Option
2013-10-31−207,066→ 0 totalExercise: $0.00Exp: 2014-04-29→ Common Stock (207,066 underlying)
Footnotes (5)
- [F1]On October 31, 2013, Mr. Spies resigned as Chief Operating Officer of the Company. In conjunction with his resignation as Chief Operating Officer, at the Company's request, he agreed to serve on the Company's Board of Directors.
- [F2]The Company cancelled Mr. Spies 301,781 shares of unvested restricted stock under the Company's 2007 Long-Term Incentive Compensation Plan.
- [F3]The Company granted Mr. Spies the option to purchase 18,310 shares of the Company's Common Stock on March 1, 2011 pursuant to its 2007 Long-Term Incentive Compensation Plan. 6,103 of the stock options vest on the first and second anniversary of the date of grant and the remaining 6,104 stock options vest on the third anniversary of the date of grant. On October 31, 2013, the Company cancelled Mr. Spies unvested options to purchase 6,104 shares of the Company's Common Stock.
- [F4]The Company granted Mr. Spies the option to purchase 126,715 shares of the Company's Common Stock on April 4, 2012 pursuant to its 2007 Long-Term Incentive Compensation Plan. 42,238 of the stock options vest on the first and second anniversary of the date of grant and the remaining 42,239 stock options vest on the third anniversary of the date of grant. On October 31, 2013, the Company cancelled Mr. Spies unvested options to purchase 84,477 shares of the Company's Common Stock.
- [F5]The Company granted 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 stock options vest annually in three equal installments of 69,022 shares beginning on the first anniversary of the date of grant. On October 31, 2013, the Company cancelled Mr. Spies unvested options to purchase 207,066 shares of the Company's Common Stock.
Documents
Issuer
BPZ RESOURCES, INC.
CIK 0001023734
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0001023734
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 5:36 PM ET
- Size
- 12.4 KB