XNYS:BRY Insider Activity 4 Filing - 3/2/2012

Effective Date 3/2/2012

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
CRAWFORD GEORGE T
  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
_____ Officer (give title below) _____ Other (specify below)
Snr VP of CA Production
(Last)
(First)
(Middle)
C/O BERRY PETROLEUM COMPANY, 5201 TRUXTUN AVE.
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2012
(Street)

BAKERSFIELD, CA 93309
4. If Amendment, Date 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
(City)
(State)
(Zip)
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               2,585 D  
Class A Common Stock               4,228 I Held in 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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 12-15-05 $30.645             12/15/2006 12/15/2015 Class A Common Stock 20,000   20,000 D  
Nonstatutory Stock Option 12-15-06 $32.565             12/15/2007 12/14/2016 Class A Common Stock 20,000   20,000 D  
2007 Restricted Stock Unit(1) $ 0 (2)             12/14/2008(3) 12/13/2017(4) Class A Common Stock 3,808   3,808 D  
NSO 2007 $43.61             12/14/2008 12/13/2017 Class A Common Stock 14,279   14,279 D  
2008 Restricted Stock Units(1) $ 0 (2)             12/12/2009(3) 12/11/2018(4) Class A Common Stock 26,667   26,667 D  
2009 Restricted Stock Units $ 0             12/11/2010 12/11/2019 Class A Common Stock 19,594   19,594 D  
Perf Based RSUs 3-16-10 $ 0             12/31/2012 12/31/2012 Class A Common Stock 8,261   8,261 D  
March 2011 Employee RSU Grant $ 0             03/02/2012 03/02/2021 Class A Common Stock 6,444   6,444 D  
Non-Statutory Stock Option 3-2-2011 - $48.50 $48.5             03/02/2012 03/02/2021 Class A Common Stock 7,395   7,395 D  
Perf Based RSU 3-2-2011 $ 0             12/31/2013 03/02/2021 Class A Common Stock 5,637   5,637 D  
March 2, 2012 Employee RSU Grant(1) $ 0 (2) 03/02/2012   A   5,895(5)   03/02/2013 03/02/2022 Class A Common Stock 5,895 $ 0 5,895 D  
Non Statutory Stock Option 3-2-12(1) $53.02 03/02/2012   A   6,957(6)   03/02/2013 03/02/2022 Class A Common Stock 6,957 $ 0 6,957 D  
Perf Based RSUs 3-2-12(1) $ 0 (7) 03/02/2012   A   5,157(8)   12/31/2014 03/02/2022 Class A Common Stock 5,157 $ 0 5,157 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CRAWFORD GEORGE T
C/O BERRY PETROLEUM COMPANY
5201 TRUXTUN AVE.
BAKERSFIELD, CA 93309
      Snr VP of CA Production  

Signatures

 Kenneth A Olson under POA for George Crawford   03/06/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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) 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.
(6) Grant of Nonstatutory Stock Option (NSO) under the Company's 2010 Equity Incentive Plan in a transaction exempt under Rule 16b-3(c). Shares vest 25% per year from date of grant.
(7) Each RSU represents a contingent right to receive one share of Berry Petroleum Company Class A Common Stock if certain pre-established performance factors are met.
(8) Per the Agreement this is the maximum number of performance based RSUs that may be received if all performance factors are achieved.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNYS:BRY Insider Activity 4 Filling

XNYS:BRY Stock - Get Insider Activity SEC Filing of XNYS:BRY stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

Content Partners
XNYS:BRY Insider Activity 4 Filing - 3/2/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Title |  Date |  Company |  Symbol |  Interest |  Popularity

Previous: XNYS:BRY Insider Activity 4 Filing - 3/2/2012  |  Next: XNYS:BRY Insider Activity 4 Filing - 3/2/2012