CALLON JOHN S 4
4 · CALLON PETROLEUM CO · Filed Dec 2, 2004
Insider Transaction Report
Form 4
CALLON JOHN S
DirectorChairman of the Board
Transactions
- Other
Common Stock
2004-12-01$13.93/sh−11,518$160,446→ 0 total(indirect: By 401(k))
Holdings
- 20,000
Stock Option (Right to Buy)
Exercise: $10.50From: 2001-01-25Exp: 2010-07-25→ Common Stock (20,000 underlying) - 5,000
Stock Options (Right to Buy)
Exercise: $5.12From: 2003-11-03Exp: 2013-05-02→ Common Stock (5,000 underlying) - 53,501(indirect: By Spouse)
Common Stock
- 25,000
2004 Performance Shares
Exercise: $0.00Exp: 2014-07-14→ Common Stock (25,000 underlying) - 104,437
Common Stock
- 5,000
Stock Option (Right to Buy)
Exercise: $11.61From: 2001-11-05Exp: 2011-05-04→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Represents the liquidation of an equivalent number of shares of common stock within the reporting person's 401-K account and subsequent reinvestment into a money market account.
- [F2]Performance Stock awarded July 14, 2004. These shares vest in five equal annual installments beginning on July 14, 2005, subject to deferral at the option of the holder.