X0201 4 2003-08-03 0 0000909992 BEARD CO /OK BRCO 0001198627 HALLOCK ALLAN R 5600 N. MAY AVENUE, SUITE 320 OKLAHOMA CITY, OK 73112 1 0 0 0 Common Stock, $.001333 par value 35093.000 D Common Stock, $.001333 par value 19618.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2003-08-03 4 J 0 3750 0 A 2003-08-03 2008-08-02 Common Stock, $.001333 par value 3750.000 3750.000 I A. R. Hallock & Co. 2003 Deferred Stock Comp. Units 0.0000 1988-08-08 1988-08-08 Common Stock, $.001333 par value 3985.210 3985.210 D Common Stock Warrant 1.0000 2002-10-06 2007-10-05 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2002-11-03 2007-11-02 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2003-01-06 2008-01-05 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2003-02-03 2008-02-02 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2003-04-06 2008-04-05 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2003-05-03 2008-05-02 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. Common Stock Warrant 1.0000 2003-07-06 2008-07-05 Common Stock, $.001333 par value 5000.000 5000.000 I A. R. Hallock & Co. A. R. Hallock & Co., (ARHCo) is a nominee partnership for estate planning purposes. On May 3, 2002, ARHCo purchased and additional $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. The Company paid off 25% of the original Note on August 1, 2003. Therefore, ARHCo received an additional 3.750 Warrants as of 8/3/03 as a result of holding the balance of the Notes more than fifteen months. No consideration was paid for the Warrants. These stock units were accrued under The Beard Company 2003 Deferred Stock Compensation Plan and are to be settled 100% in BRCO Common Stock upon the reporting person's termination of service or termination of the Plan. These stock units were erroneously reported as outstanding on the Form 4 filed for (3/31/03) when the derivative securities should have already been issued. Such Form 4 is hereby amended accordingly. On April 5, 2002, ARHCo purchased $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. ARHCo received 5,000 Warrants as of 10/6/02 as a result of holding the Notes more than six months. No consideration was paid for the Warrants. On May 3, 2002, ARHCo purchased and additional $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. ARHCo received 5,000 Warrants as of 11/3/02 as a result of holding the Notes more than six months. No consideration was paid for the Warrants. On April 5, 2002, ARHCo purchased $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. ARHCo received an additional 5,000 Warrants as of 1/6/03 as a result of holding the Notes more than nine months. No consideration was paid for the Warrants. On May 3, 2002, ARHCo purchased and additional $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. ARHCo received an additional 5,000 Warrants as of 2/3/03 as a result of holding the Notes more than nine months. No consideration was paid for the Warrants. On April 5, 2002, ARHCo purchased $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. ARHCo received an additional 5,000 Warrants as of 4/6/03 as a result of holding the Notes more than twelve months. No consideration was paid for the Warrants. On May 3, 2002, ARHCo purchased and additional $100,000 of the Company's 10% Subordinated Notes, together with a contingent right to receive Warrants to purchase up to 20,000 shares of the Company's common stock, depending on the holding period of the Notes. ARHCo received an additional 5,000 Warrants as of 5/3/03 as a result of holding the Notes more than twelve months. No consideration was paid for the Warrants. By: Rebecca G. Witcher, Attorney in Fact 2003-08-04