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*
DUGINSKI MICHAEL

(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 & COO
3. Date of Earliest Transaction (Month/Day/Year)
12/02/2013
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 17,456 I Held in 401(k) Plan
Class A Common Stock 12/02/2013 M 7,150 (5) A $9.97 50,597 D
Class A Common Stock 12/02/2013 S 7,150 (5) D $50.1012 43,447 D
Class A Common Stock 12/03/2013 M 1,000 (5) A $9.97 44,447 D
Class A Common Stock 12/03/2013 S 600 (5) D $50 43,847 D
Class A Common Stock 12/03/2013 S 400 (5) D $50.0025 43,447 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
Nonstatutory Stock Option 11-23-04 $21.58 11/23/2005 11/23/2014 Class A Common Stock 70,000 70,000 D
Nonstatutory Stock Option 12-15-05 $30.645 12/15/2006 12/15/2015 Class A Common Stock 50,000 50,000 D
Nonstatutory Stock Option 12-15-06 $32.565 12/15/2007 12/14/2016 Class A Common Stock 56,000 56,000 D
2007 Restricted Stock Unit (1) $0 (2) 12/14/2008 (3) 12/13/2017 (4) Class A Common Stock 7,224 7,224 D
NSO 2007 $43.61 12/14/2008 12/13/2017 Class A Common Stock 36,133 36,133 D
2008 Restricted Stock Units (1) $0 (2) 12/12/2009 (3) 12/11/2018 (4) Class A Common Stock 56,000 56,000 D
2009 Restricted Stock Units (1) $0 (2) 12/11/2010 (4) 12/11/2019 (4) Class A Common Stock 42,919 42,919 D
March 2011 Employee RSU Grant $0 03/02/2012 03/02/2021 Class A Common Stock 12,887 12,887 D
Non-Statutory Stock Option 3-2-2011 - $48.50 $48.5 03/02/2012 03/02/2021 Class A Common Stock 14,790 14,790 D
Perf Based RSU 3-2-2011 $0 12/31/2013 03/02/2021 Class A Common Stock 11,275 11,275 D
March 2, 2012 Employee RSU Grant $0 03/02/2013 03/02/2022 Class A Common Stock 8,842 8,842 D
Non Statutory Stock Option 3-2-12 $53.02 03/02/2013 03/02/2022 Class A Common Stock 13,914 13,914 D
Perf Based RSUs 3-2-12 $0 12/31/2014 03/02/2022 Class A Common Stock 10,314 10,314 D
March 4, 2013 Employee RSU Grant $0 03/04/2014 03/04/2023 Class A Common Stock 27,145 27,145 D
Nonstatutory Stock Option 12-05-03 $9.97 12/02/2013 M 7,150 (5) 12/05/2004 12/05/2013 Class A Common Stock 7,150 $0 2,850 D
Nonstatutory Stock Option 12-05-03 $9.97 12/03/2013 M 1,000 (5) 12/05/2004 12/05/2013 Class A Common Stock 1,000 $0 1,850 D
Explanation of Responses:
1. 1 for 1
2. Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock
3. 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.
4. 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.
5. Options exercised and shares sold under a 10b5-1 Plan established by filer.
Kenneth A Olson under POA for Michael Duginski 12/03/2013
** 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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