SEC Form 4 · accession 0001246360-19-000953
Berry Petroleum Corp · BRY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary A Grove
Officer — EVP & Chief Operating Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 4, 2019 · 8:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001705873
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units 2019F1 | $0.00 | Mar 1, 2019 | A | 56,470 | A | — | — | Common Stock | 56,470 | 56,470 | D |
Explanation of responses
- F1Represents an award of Restricted Stock Units under the Second Amended and Restated Berry Petroleum Corporation 2017 Omnibus Incentive Plan approved November 7, 2018, subject to the number of shares underlying such award being determined based on the March 1, 2019 closing price of Berry Petroleum Corporation common stock. Accordingly, the grant of such Restricted Stock Units occurred on March 1, 2019. Each Restricted Stock Unit represents a contingent right to receive one share of common stock, par value $0.0001 per share, of Berry Petroleum Corporation. One-third of the Restricted Stock Units vest on each of the first three anniversaries of March 1, 2019, subject to the continued employment of the Reporting Person.