Fernando Araujo - 19 Feb 2024 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role
Chief Executive Officer
Signature
Fernando Araujo, by Jordan D. Scott, as attorney-in-fact
Issuer symbol
BRY
Transactions as of
19 Feb 2024
Net transactions value
-$220,923
Form type
4
Filing time
21 Feb 2024, 21:20:10 UTC
Previous filing
19 Sep 2023
Next filing
01 Mar 2024
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 +37,437 +37% 139,183 19 Feb 2024 Direct F1
transaction BRY Common Stock Tax liability $95,483 -13,980 -10% $6.83 125,203 19 Feb 2024 Direct
transaction BRY Common Stock Options Exercise +21,573 +17% 146,776 19 Feb 2024 Direct F2
transaction BRY Common Stock Tax liability $52,577 -7,698 -5.2% $6.83 139,078 19 Feb 2024 Direct
transaction BRY Common Stock Options Exercise +29,899 +21% 168,977 19 Feb 2024 Direct F3
transaction BRY Common Stock Tax liability $72,862 -10,668 -6.3% $6.83 158,309 19 Feb 2024 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 -37,437 -100% $0.000000* 0 19 Feb 2024 Common Stock 37,437 Direct F1
transaction BRY Restricted Stock Units 2022 Options Exercise $0 -21,573 -50% $0.000000 21,573 19 Feb 2024 Common Stock 21,573 Direct F2
transaction BRY Restricted Stock Units 2023 Options Exercise $0 -29,899 -33% $0.000000 59,798 19 Feb 2024 Common Stock 29,899 Direct F3
* 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.