Filing Details

Accession Number:
0001246360-11-004115
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-12-02 16:55:09
Reporting Period:
2011-12-01
Filing Date:
2011-12-02
Accepted Time:
2011-12-02 16:55:09
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
1191748 Robert Heinemann C/O Berry Petroleum Company
1999 Broadway, Suite 3700
Denver CO 80202
President And Ceo 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 2011-12-01 47,880 $14.38 176,626 No 4 M Direct
Class A Common Stock Disposition 2011-12-01 23,303 $44.00 153,323 No 4 S Direct
Class A Common Stock Disposition 2011-12-01 7,880 $44.50 145,443 No 4 S Direct
Class A Common Stock Acquisiton 2011-12-02 32,120 $14.38 177,563 No 4 M Direct
Class A Common Stock Disposition 2011-12-02 15,333 $44.50 162,230 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
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 6-16-04 Disposition 2011-12-01 47,880 $0.00 47,880 $14.38
Class A Common Stock Nonstatutory Stock Option 6-16-04 Disposition 2011-12-02 32,120 $0.00 32,120 $14.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
152,120 2005-06-16 2014-06-16 No 4 M Direct
120,000 2005-06-16 2014-06-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 13,252 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 2014-11-23 130,000 130,000 Direct
Class A Common Stock Nonstatutory Stock Option 12-15-05 $30.65 2006-12-15 2015-12-15 150,000 150,000 Direct
Class A Common Stock Phantom Stock Units $0.00 1988-08-08 1988-08-08 3,191 3,191 Direct
Class A Common Stock Nonstatutory Stock Option 12-15-06 $32.57 2007-12-15 2016-12-14 175,000 175,000 Direct
Class A Common Stock 2007 Restricted Stock Unit $0.00 2008-12-14 2017-12-13 29,810 29,810 Direct
Class A Common Stock NSO 2007 $43.61 2008-12-14 2017-12-13 89,470 89,470 Direct
Class A Common Stock 2008 Restricted Stock Units $0.00 2009-12-12 2018-12-11 173,333 173,333 Direct
Class A Common Stock 2009 Restricted Stock Units $0.00 2010-12-11 2019-12-11 97,034 97,034 Direct
Class A Common Stock Perf Based RSUs 3-16-10 $0.00 2012-12-31 2012-12-31 42,060 42,060 Direct
Class A Common Stock March 2011 Employee RSU Grant $0.00 2012-03-02 2021-03-02 28,886 28,886 Direct
Class A Common Stock Non-Statutory Stock Option 3-3-2011 - $48.50 $48.50 2012-03-02 2021-03-02 33,129 33,129 Direct
Class A Common Stock Perf Based RSU 3-2-2011 $0.00 2013-12-31 2021-03-02 25,257 25,257 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-11-23 130,000 130,000 Direct
2015-12-15 150,000 150,000 Direct
1988-08-08 3,191 3,191 Direct
2016-12-14 175,000 175,000 Direct
2017-12-13 29,810 29,810 Direct
2017-12-13 89,470 89,470 Direct
2018-12-11 173,333 173,333 Direct
2019-12-11 97,034 97,034 Direct
2012-12-31 42,060 42,060 Direct
2021-03-02 28,886 28,886 Direct
2021-03-02 33,129 33,129 Direct
2021-03-02 25,257 25,257 Direct
Footnotes
  1. 1 for 1
  2. Phantom Stock Units acquired under the Company's Non-Employee Director Deferred Compensation Plan in a transaction exempt under Rule 16b-3(c). Shares of Common Stock are issued under terms of the Plan upon resignation from the board of directors.
  3. Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock
  4. 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.
  5. 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.
  6. 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.
  7. 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.