SEC Form 4 · accession 0001246360-19-000187
Berry Petroleum Corp · BRY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S. Helm
Officer — Chief Accounting Officer
Period of report
Oct 2, 2018
Accepted (ET)
Jan 17, 2019 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001705873
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 2, 2018 | M | 5,000 | $0.00 | A | 5,000 | D | |
| Common Stock | Oct 2, 2018 | F | 1,730 | $17.93 | D | 3,270 | D | |
| Common StockF2 | Oct 5, 2018 | M | 5,000 | $0.00 | A | 8,270 | D | |
| Common Stock | Oct 5, 2018 | F | 1,729 | $18.24 | D | 6,541 | D | |
| Common StockF3 | Jan 16, 2019 | M | 5,000 | $0.00 | A | 11,541 | D | |
| Common Stock | Jan 16, 2019 | F | 2,045 | $10.03 | D | 9,496 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF1 | $0.00 | Oct 2, 2018 | M | 5,000 | D | — | Jan 16, 2021 | Common Stock | 5,000 | 10,000 | D |
| Performance Restricted Stock UnitsF2 | $0.00 | Oct 5, 2018 | M | 5,000 | D | — | Jan 16, 2021 | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock UnitsF3 | $0.00 | Jan 16, 2019 | M | 5,000 | D | — | Jan 16, 2021 | Common Stock | 5,000 | 10,000 | D |
Explanation of responses
- F1Each Performance Restricted Stock Unit represented a contingent right to receive a share of BRY common stock upon the volume-weighted average price of BRY's common stock equaling or exceeding $13 per share for 30 consecutive trading days during the applicable performance period.
- F2Each Performance Restricted Stock Unit represented a contingent right to receive a share of BRY common stock upon the volume-weighted average price of BRY's common stock equaling or exceeding $15 per share for 30 consecutive trading days during the applicable performance period.
- F3Each Restricted Stock Unit (RSU) represented a contingent right to receive a share of BRY common stock so long as the Reporting Person remained continuously employed by the Issuer from the date of issuance through January 16, 2019.