4 1 worthey4.txt FORM 4 FOR MARK A. WORTHEY 1. Name and Address of Reporting Person Worthey, Mark A. 5100 Tennyson Parkway Suite 3000 Plano, TX 75024- 2. Issuer Name and Ticker or Trading Symbol Denbury Resources Inc. (DNR) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 1/2003 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Sr. V.P. - Operations 7. 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 |2. Trans- |3. Trans- |4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature | | | action | action | or Disposed of (D) | Securities | ship | of In- | | | Date | Code | | Beneficially | Form: | direct | | | | | | Owned at | Direct | Bene- | | | (Month/ | | | End of | (D) or | ficial | | | Day/ +-------+-----+-----------+------+----------+ Month | Indirect| Owner- | | | Year) |Code |V |Amount |A/D |Price | | (I) | ship | +---------------------------------+----------+-------+-----+-----------+------+----------+----------------+-----------+------------+ Common Stock 01/02/2003 A 783 A $11.2700 30678 D Common Stock 1000 I IRA Account Common Stock 1000 I Son
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+ |1. |2. |3. |4. |5. |6. |7. |8. |9. |10. |11. | | | | | | | | | |Number |Owner- | | | | | | | | | | |of |ship | | | | | | | | | | |Deriv- |Form of| | | | | | | | |Title and Amount| |ative |Deriv- | | | | | | | | |of Underlying | |Secur- |ative |Nature | | |Conver- | | |Number of | |Securities | |ities |Secur- |of | | |sion or | | |Derivative |Date Exercisable +-------+--------+ |Benefi- |ity: |In- | | |Exercise| | |Securities |and Expiration Date | |Amount | |cially |Direct |direct | | |Price of|Transac- |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- | |Title of |Deriv- |tion Date |tion Code|Disposed(D)+----------+----------+ |Number |Price of |at End |In- |ficial | |Derivative |ative |(Month/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative|of |direct |Owner- | |Security |Security|Day/Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security |Month |(I) |ship | +-------------+--------+----------+------+--+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+ Stock Option $7.09 01/14/2012 Common 14901 D Stock Stock Option $3.98 01/03/2010 Common 13800 D Stock Stock Option $4.24 01/04/2009 Common 45500 D Stock Stock Option $7 02/22/2006 Common 8125 D Stock Stock Option $9.28 01/02/2011 Common 12200 D Stock Stock Option $11.27 01/02/2003 A 14870 01/02/2007 01/02/2013 Common 14870 $11.2700 14870 D Stock Stock Option $13.38 02/24/2007 Common 20229 D Stock Stock Option $18.33 01/29/2008 Common 9817 D Stock Explanation of Responses: All options vest 100% on January 2, 2007
SIGNATURE OF REPORTING PERSON /s/ Mark A. Worthey DATE 01/03/2003