X0201 4/A 2003-10-15 2003-10-16 0 0000909992 BEARD CO /OK BRCO 0001191506 BEARD WILLIAM M 5600 N. MAY AVENUE, SUITE 320 OKLAHOMA CITY OK 73112 1 1 1 0 Chief Executive Officer Common Stock, $.001333 par value 2003-10-15 4 J 0 525 0 D 1917.000 I By RBL Trust Common Stock, $.001333 par value 526160.000 D Common Stock, $.001333 par value 54046.536 I By 401(k) Common Stock, $.001333 par value 9999.000 I By B&M Limited Common Stock, $.001333 par value 240779.000 I By Charitable Unitrust Common Stock, $.001333 par value 36214.000 I By Irrev. Trust A Common Stock, $.001333 par value 51324.000 I By Irrev. Trust B Common Stock, $.001333 par value 62661.000 I By Irrev. Trust C Common Stock, $.001333 par value 5053.000 I By JGB Trust Common Stock, $.001333 par value 5053.000 I By JMB II Trust Common Stock, $.001333 par value 1259.000 I By Spouse 2003-2 Deferred Stock Comp. Units 0.0000 2003-10-15 4 J 0 7076.483 0 A 1988-08-08 1988-08-08 Common Stock, $.001333 par value 7076.483 7942.319 D On 2/2/98 there was disposition to the 1988 Charitable Unitrust of 525 shares (net of the 3 for 4 stock split). The acquisition by the 1988 Charitable Unitrust was reported correctly. The disposition was inadvertently overlooked and not reported for the Rebecca Beard Lilly Living Trust. Represents shares held in The Beard Group 401(k) Plan for the benefit of the reporting person. 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. /s/ Beard, William M. 2003-10-16