Michael S. Helm - 19 Feb 2023 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role
VP, CFO & CAO
Signature
Michael S. Helm, by Jordan D. Scott, as attorney-in-fact
Issuer symbol
BRY
Transactions as of
19 Feb 2023
Net transactions value
-$67,810
Form type
4
Filing time
22 Feb 2023, 20:37:45 UTC
Previous filing
03 Mar 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRY Common Stock Options Exercise +16,484 +32% 67,887 19 Feb 2023 Direct F1
transaction BRY Common Stock Tax liability $41,014 -4,598 -6.8% $8.92 63,289 19 Feb 2023 Direct
transaction BRY Common Stock Options Exercise +12,335 +19% 75,624 19 Feb 2023 Direct F2
transaction BRY Common Stock Tax liability $26,796 -3,004 -4% $8.92 72,620 19 Feb 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BRY Restricted Stock Units 2021 Options Exercise $0 -16,484 -50% $0.000000 16,483 19 Feb 2023 Common Stock 16,484 Direct F1
transaction BRY Restricted Stock Units 2022 Options Exercise $0 -12,335 -33% $0.000000 24,669 19 Feb 2023 Common Stock 12,335 Direct F2
transaction BRY Restricted Stock Units 2023 Award $0 +20,179 $0.000000 20,179 21 Feb 2023 Common Stock 20,179 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of common stock, par value $0.001 per share, of Berry Corporation (bry). One-third of the Restricted Stock Units vest on each of the first three anniversaries of February 19, 2021, subject to the continued employment of the Reporting Person.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of common stock, par value $0.001 per share, of Berry Corporation (bry). One-third of the Restricted Stock Units vest on each of the first three anniversaries of February 19, 2022, subject to the continued employment of the Reporting Person.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of common stock, par value $0.001 per share, of Berry Corporation (bry). One-third of the Restricted Stock Units vest on each of the first three anniversaries of February 19, 2023, subject to the continued employment of the Reporting Person.
F4 Award approved on February 21, 2023.