Arthur T. Smith - Mar 1, 2023 Form 4 Insider Report for Berry Corp (bry) (BRY)

Signature
Arthur T. Smith, by Jordan D. Scott, as attorney-in-fact
Stock symbol
BRY
Transactions as of
Mar 1, 2023
Transactions value $
-$307,017
Form type
4
Date filed
3/3/2023, 05:28 PM
Previous filing
Feb 22, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRY Common Stock Options Exercise +87.9K +14.39% 699K Mar 1, 2023 Direct F1
transaction BRY Common Stock Tax liability -$307K -32.8K -4.7% $9.35 666K Mar 1, 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 2020 Options Exercise $0 -87.9K -100% $0.00* 0 Mar 1, 2023 Common Stock 87.9K Direct F1
* 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 March 1, 2020, subject to the continued employment of the Reporting Person.