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

Role: Executive Chairman, Director
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.