Home > Insider Trading > Filing (0001246360-12-001393)

Filing Details

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
Class A Common Stock	Acquisiton	2012-02-27	17,300	$14.38	183,866	No	4	M	Direct
Class A Common Stock	Disposition	2012-02-27	17,300	$53.22	166,566	No	4	S	Direct
Class A Common Stock	Acquisiton	2012-02-28	400	$14.38	166,966	No	4	M	Direct
Class A Common Stock	Disposition	2012-02-28	300	$53.00	166,666	No	4	S	Direct
Class A Common Stock	Disposition	2012-02-28	100	$53.04	166,566	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	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	2012-02-27	17,300	$0.00	17,300	$14.38
Class A Common Stock	Nonstatutory Stock Option 6-16-04	Disposition	2012-02-28	400	$0.00	400	$14.38

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
102,700	2005-06-16	2014-06-16	No	4	M	Direct
102,300	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	13,624	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 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	3,197	3,197	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	23,848	23,848	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
2015-12-15	150,000	150,000	Direct
1988-08-08	3,197	3,197	Direct
2016-12-14	175,000	175,000	Direct
2017-12-13	23,848	23,848	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 for 1
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.
Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock
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.
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.
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.
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.