Fernando Araujo - Feb 28, 2025 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role
Chief Executive Officer, Director
Signature
Fernando Araujo, by Jordan D. Scott, as attorney-in-fact
Stock symbol
BRY
Transactions as of
Feb 28, 2025
Transactions value $
-$40,716
Form type
4
Date filed
3/4/2025, 07:47 PM
Previous filing
Feb 21, 2025
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 +41.1K +14.07% 333K Mar 1, 2025 Direct F1
transaction BRY Common Stock Tax liability -$40.7K -10K -3% $4.07 323K Mar 1, 2025 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 2025 Award $0 +166K $0.00 166K Feb 28, 2025 Common Stock 166K Direct F2
transaction BRY Restricted Stock Units 2024 Options Exercise $0 -41.1K -33.33% $0.00 82.2K Mar 1, 2025 Common Stock 41.1K 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, 2024, 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, 2025, subject to the continued employment of the Reporting Person.