CALLON JOHN S 4
4 · CALLON PETROLEUM CO · Filed Oct 17, 2003
Insider Transaction Report
Form 4
CALLON JOHN S
Director
Transactions
- Purchase
Common Stock
[F1][F2]2003-10-16$7.48/sh+6,924$51,792→ 11,509 total(indirect: By 401(k))
Holdings
- 104,437
Common Stock
- 43,501(indirect: By Spouse)
Common Stock
- 10,000(indirect: By Spouse)
Common Stock
- 90,000
Stock Option (Right to Buy)
Exercise: $10.00From: 1995-01-14Exp: 2004-07-14→ Common Stock (90,000 underlying) - 20,000
Stock Option (Right to Buy)
Exercise: $10.50From: 2001-01-25Exp: 2010-07-25→ Common Stock (20,000 underlying) - 5,000
Stock Option (Right to Buy)
Exercise: $11.61From: 2001-11-05Exp: 2011-05-04→ Common Stock (5,000 underlying) - 5,000
Stock Option (Right to Buy)
Exercise: $6.05From: 2002-11-09Exp: 2012-05-08→ Common Stock (5,000 underlying) - 5,000
Stock Options (Right to Buy)
Exercise: $5.12From: 2003-11-03Exp: 2013-05-02→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]The shares were acquired as a result of the reporting person's election to invest in the common stock by liquidating other 401K investments previously owned.
- [F2]The prior Form 4 filing reported indirect holdings of 4,913 equivalent shares of common stock held within the reporting person's 401-K account as of 05-05-03. Since that time, the 6,924 equivalent shares were acquired and his account was reduced by 328 equivalent shares as a result of market value losses. The ending total number of shares was determined by dividing the account value attributable to his common stock holdings by the closing price on the NYSE as of 10/16/03.
Signature
By: Robert A. Mayfield as Attorney-in-fact for|2003-10-17