X0201 4 2003-09-30 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 2003-09-30 4 J 0 6851 0 A 41944.000 D Common Stock, $.001333 par value 19618.000 I A. R. Hallock & Co. 2003 Deferred Stock Comp. Units 0.0000 2003-09-30 4 J 0 2932.286 0 A 1988-08-08 1988-08-08 Common Stock, $.001333 par value 2932.286 6917.496 D 2003 Deferred Stock Comp. Units 0.0000 2003-09-30 4 J 0 6917.496 0 D 1988-08-08 1988-08-08 Common Stock, $.001333 par value 6917.496 0.000 D 2003-2 Deferred Stock Comp. Units 0.0000 2003-09-30 4 J 0 66.496 0 A 1988-08-08 1988-08-08 Common Stock, $.001333 par value 66.496 66.496 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. Common Stock Warrant 1.0000 2003-08-03 2008-08-02 Common Stock, $.001333 par value 3750.000 3750.000 I A. R. Hallock & Co. On 9/30/03 the 2003-1 Deferred Stock Compensation Plan terminated due to the total number of shares in the Participants' accounts exceeding the maximum number of 150,000 authorized under the Plan. A. R. Hallock & Co., (ARHCo) is a nominee partnership for estate planning purposes. 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 accrued under The Beard Company 2003-2 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 shares were carried over to the new 2003-2 Deferred Stock Compensation Plan effective 9/30/03 from the former Plan, which terminated the same day. 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. 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. By: Rebecca G. Witcher, Attorney in Fact 2003-10-01