Kurt E. Neher - 01 Mar 2022 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role: EVP, Business Development
Signature: Kurt E. Neher, by Jordan D. Scott, as attorney-in-fact
Issuer symbol: BRY
Transactions as of: 01 Mar 2022
Net transactions value: -$229,761
Form type: 4
Filing time: 03 Mar 2022, 16:13:10 UTC
Previous filing: 23 Feb 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	Award	$0	+15,885	+15%	$0.000000	124,708	01 Mar 2022	Direct
transaction	BRY	Common Stock	Tax liability	$83,970	-8,397	-6.7%	$10.00	116,311	01 Mar 2022	Direct
transaction	BRY	Common Stock	Options Exercise		+13,490	+12%		129,801	01 Mar 2022	Direct	F1
transaction	BRY	Common Stock	Tax liability	$46,743	-4,665	-3.6%	$10.02	125,136	01 Mar 2022	Direct
transaction	BRY	Common Stock	Options Exercise		+27,001	+22%		152,137	01 Mar 2022	Direct	F2
transaction	BRY	Common Stock	Tax liability	$99,048	-9,885	-6.5%	$10.02	142,252	01 Mar 2022	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 2019	Options Exercise	$0	-13,490	-100%	$0.000000^*	0	01 Mar 2022	Common Stock	13,490		Direct	F1
transaction	BRY	Restricted Stock Units 2020	Options Exercise	$0	-27,001	-50%	$0.000000	27,002	01 Mar 2022	Common Stock	27,001		Direct	F2

* 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, 2019, 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 March 1, 2020, subject to the continued employment of the Reporting Person.