Arthur T. Smith - Apr 17, 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
Apr 17, 2023
Transactions value $
-$821,050
Form type
4
Date filed
4/18/2023, 05:08 PM
Previous filing
Apr 3, 2023
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRY Common Stock Sale -$821K -100K -13.09% $8.21 664K Apr 17, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2022.