SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Wolf David D

(Last) (First) (Middle)
C/O BERRY PETROLEUM COMPANY
1999 BROADWAY, SUITE 3700

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BERRY PETROLEUM CO [ BRY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec VP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 9 I Held in the Company's 401(k) Plan
Class A Common Stock 03/04/2013 M 11,840(5) A $46.05 25,415 D
Class A Common Stock 03/05/2013 S 4,522 D $46.261 20,893 D
Class A Common Stock 03/05/2013 S 100 D $46.2649 20,793 D
Class A Common Stock 03/05/2013 S 300 D $46.265 20,493 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSU 8-4-08(1) $0 08/04/2011(2) 08/03/2018(3) Class A Common Stock 18,213 18,213 D
NSO $41.18 08/04/2011 08/03/2018 Class A Common Stock 89,084 89,084 D
2008 Restricted Stock Units(1) $0 12/12/2009(4) 12/11/2018(3) Class A Common Stock 53,334 53,334 D
2009 Restricted Stock Units(1) $0 12/11/2010(4) 12/11/2019(3) Class A Common Stock 41,053 41,053 D
March 2011 Employee RSU Grant $0 03/02/2012 03/02/2021 Class A Common Stock 12,372 12,372 D
Non-Statutory Stock Option 3-2-2011 - $48.50 $48.5 03/02/2012 03/02/2021 Class A Common Stock 14,198 14,198 D
Perf Based RSU 3-2-2011 $0 12/31/2013 03/02/2021 Class A Common Stock 10,824 10,824 D
March 2, 2012 Employee RSU Grant $0 03/02/2013 03/02/2022 Class A Common Stock 11,317 11,317 D
Non Statutory Stock Option 3-2-12 $53.02 03/02/2013 03/02/2022 Class A Common Stock 13,358 13,358 D
Perf Based RSUs 3-2-12 $0 12/31/2014 03/02/2022 Class A Common Stock 9,901 9,901 D
March 4, 2013 Employee RSU Grant(1) $0(6) 03/04/2013 M 32,574(7) 03/04/2014 03/04/2023 Class A Common Stock 32,574 $0 32,574 D
Perf Based RSUs 3-16-10 $0 03/04/2013 M 11,840(5) 12/31/2012 03/15/2020 Class A Common Stock 18,175 $46.05 6,335 D
Perf Based RSUs 3-16-10 $0 03/04/2013 M 6,335(8) 12/31/2012 03/15/2020 Class A Common Stock 18,175 $0 0 D
Explanation of Responses:
1. 1 for 1
2. Restricted Stock Units vest 100% 3 years after date of grant but are subject to a deferral election.
3. The RSU is subject to a deferral election. Shares of Class A Common Stock will be delivered to the reporting person as per the terms of the deferral election.
4. The RSU granted vest 25% per year beginning one year after grant but the receipt of shares are subject to a deferral period which is generally at least four years from grant date as per the deferral election.
5. Performance Shares issued pursuant to terms of Award Agreement under Rule 16b-3 Plan.
6. Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock
7. Grant of Restricted Stock Unit (RSU) under the Company's 2010 Equity Incentive Plan in a transaction exempt under Rule 16b-3(c). RSUs vest 25% per year from date of grant.
8. Performance Shares cancelled in excess of shares issued under terms of Performance Share Plan.
Kenneth A. Olson under POA for David D. Wolf 03/06/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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