4//SEC Filing
BPZ RESOURCES, INC. 4
Accession 0001437749-14-003270
CIK 0001023734operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:34 PM ET
Size
10.4 KB
Accession
0001437749-14-003270
Insider Transaction Report
Form 4
Zuniga Pflucker Manuel Pablo
DirectorPresident & CEO
Transactions
- Award
Common Stock
2014-02-20+208,333→ 5,309,745 total - Award
Performance Stock Unit
2014-02-20+104,166→ 104,166 totalExercise: $0.00Exp: 2017-02-20→ Common Stock (104,166 underlying) - Award
Performance Stock Unit
2014-02-20+104,167→ 104,167 totalExercise: $0.00Exp: 2017-02-20→ Common Stock (104,167 underlying)
Footnotes (3)
- [F1]The Company granted to Mr. Zuniga-Pflucker 208,333 shares of restricted stock under the Company's 2007 Long-Term Incentive Compensation Plan. 69,444 shares of the restricted stock vest on the first and second anniversary of the date of grant and the remaining 69,445 shares of restricted stock vest on the third anniversary of the date of grant.
- [F2]These securities, which are referred to by the Company as Performance Stock Units, were granted on February 20, 2014, under the Company's Long-Term Incentive Compensation Plan. Shares of the Company's common stock will be issued following the vesting of the Performance Stock Units on the third anniversary of the date of grant. The actual number of shares of the Company common stock to be issued is measured on a three-year cumulative stock price basis relative to a selected peer group and can range from a minimum of 0% of the number of the Company common stock granted to a maximum of 200% of the number of the Company common stock granted.
- [F3]These securities, which are referred to by the Company as Performance Stock Units, were granted on February 20, 2014, under the Company's Long-Term Incentive Compensation Plan. Shares of the Company's common stock will be issued following the vesting of the Performance Stock Units on the third anniversary of the date of grant. The actual number of shares of the Company common stock to be issued is measured on a three-year cumulative stock price basis relative to pre-established stock price goals and can range from a minimum of 0% of the number of the Company common stock granted to a maximum of 200% of the number of the Company common stock granted.
Documents
Issuer
BPZ RESOURCES, INC.
CIK 0001023734
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0001023734
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:34 PM ET
- Size
- 10.4 KB