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4//SEC Filing

SCHWAGER THOMAS E 4

Accession 0000928022-09-000004

CIK 0000928022other

Filed

Apr 26, 8:00 PM ET

Accepted

Apr 27, 4:13 PM ET

Size

13.8 KB

Accession

0000928022-09-000004

Insider Transaction Report

Form 4
Period: 2009-04-24
SCHWAGER THOMAS E
Vice-President, Engineering
Transactions
  • Other

    2006 Performance Shares

    2009-04-2412,8000 total
    Exercise: $15.83From: 2006-08-21Exp: 2010-08-21Common Stock (12,800 underlying)
  • Other

    Common Stock

    2009-04-247,0006,636 total
  • Other

    2004 Performance Shares

    2009-04-243,5000 total
    Exercise: $13.82From: 2005-05-05Exp: 2014-07-14Common Stock (3,500 underlying)
  • Other

    2008 Performance Stock Award

    2009-04-247,0000 total
    Common Stock (7,000 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    1,590
Footnotes (4)
  • [F1]Mr. Schwager resigned from the Company on April 24, 2009. In accordance with the original share award document, all unvested portions of shares awarded shall be cancelled, shall not vest and shall be returned to the issuer.
  • [F2]The number of shares reported is calculated by dividing the total market value of the reporting person's account balance within the Callon Petroleum Company Employee Savings and Protection Plan (401(k) Plan) on the day prior to this Form 4 reporting date by the closing market price per share on that day.
  • [F3]Performance Stock awarded July 14, 2004. These shares vest in five equal annual installments beginning on July 14, 2005.
  • [F4]The number of shares awarded is conditioned based on the achievement of a specified performance target, based upon the price of Callon's stock, to be calculated on December 31, 2010. If the performance target is achieved, vesting with respect to the awarded shares will occur on 04/18/2011, the third anniversary following the award date.

Documents

1 file

Issuer

CALLON PETROLEUM CO

CIK 0000928022

Entity typeother

Related Parties

1
  • filerCIK 0001191301

Filing Metadata

Form type
4
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 4:13 PM ET
Size
13.8 KB