Filing Details

Accession Number:
0001246360-11-003221
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-02 16:25:09
Reporting Period:
2011-08-01
Filing Date:
2011-08-02
Accepted Time:
2011-08-02 16:25:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
778438 Berry Petroleum Co BRY Crude Petroleum & Natural Gas (1311) 770079387
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1175107 Michael Duginski C/O Berry Petroleum Company
1999 Broadway, Suite 3700
Denver CO 80202
Exec. Vp & Coo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2011-08-01 10,000 $9.97 31,768 No 4 M Direct
Class A Common Stock Disposition 2011-08-01 10,000 $58.65 21,768 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Nonstatutory Stock Option 12-05-03 Disposition 2011-08-01 10,000 $0.00 10,000 $9.97
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2004-12-05 2013-12-05 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 12,984 Indirect Held in 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Nonstatutory Stock Option 11-23-04 $21.58 2005-11-23 2014-11-23 70,000 70,000 Direct
Class A Common Stock Nonstatutory Stock Option 12-15-05 $30.65 2006-12-15 2015-12-15 50,000 50,000 Direct
Class A Common Stock Nonstatutory Stock Option 12-15-06 $32.57 2007-12-15 2016-12-14 56,000 56,000 Direct
Class A Common Stock 2007 Restricted Stock Unit $0.00 2008-12-14 2017-12-13 12,039 12,039 Direct
Class A Common Stock NSO 2007 $43.61 2008-12-14 2017-12-13 36,133 36,133 Direct
Class A Common Stock 2008 Restricted Stock Units $0.00 2009-12-12 2018-12-11 70,000 70,000 Direct
Class A Common Stock 2009 Restricted Stock Units $0.00 2010-12-11 2019-12-11 42,919 42,919 Direct
Class A Common Stock Perf Based RSUs 3-16-10 $0.00 2012-12-31 2012-12-31 18,776 18,776 Direct
Class A Common Stock March 2011 Employee RSU Grant $0.00 2012-03-02 2021-03-02 12,887 12,887 Direct
Class A Common Stock Non-Statutory Stock Option 3-3-2011 - $48.50 $48.50 2012-03-02 2021-03-02 14,790 14,790 Direct
Class A Common Stock Perf Based RSU 3-2-2011 $0.00 2013-12-31 2021-03-02 11,275 11,275 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-11-23 70,000 70,000 Direct
2015-12-15 50,000 50,000 Direct
2016-12-14 56,000 56,000 Direct
2017-12-13 12,039 12,039 Direct
2017-12-13 36,133 36,133 Direct
2018-12-11 70,000 70,000 Direct
2019-12-11 42,919 42,919 Direct
2012-12-31 18,776 18,776 Direct
2021-03-02 12,887 12,887 Direct
2021-03-02 14,790 14,790 Direct
2021-03-02 11,275 11,275 Direct
Footnotes
  1. 1 for 1
  2. Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock
  3. The RSU granted vest 25% per year beginning one year after grant but the receipt of shares are subject to a deferral period which is generally at least four years from grant date as per the deferral election.
  4. The RSU is subject to a deferral election. Shares of Class A Common Stock will be delivered to the reporting person as per the terms of the deferral election.
  5. Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock if certain pre-established performance factors, as set forth in the Company's Form 8-K dated March 18, 2010, are met.
  6. Per the Agreement this is the maximum number of performance based RSUs that may be received if all performance factors are achieved as outlined in the Form 8-K dated March 18, 2010.
  7. Options exercised and shares sold under a 10b5-1 Plan established by filer.