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CALLON PETROLEUM CO·4

Jun 1, 6:36 PM ET

HINCHMAN STEVEN B 4

4 · CALLON PETROLEUM CO · Filed Jun 1, 2009

Insider Transaction Report

Form 4
Period: 2009-06-01
CALLON PETROLEUM COCPE
HINCHMAN STEVEN B
Exec. VP and COO
Transactions
  • Award

    Common Stock

    2009-06-01+100,000→ 100,000 total
  • Award

    2009 Stock Option (Right to Buy)

    2009-06-01+500,000→ 500,000 total
    Exercise: $2.75From: 2009-12-01Exp: 2019-06-01→ Common Stock (500,000 underlying)
  • Award

    2009 Performance Shares

    2009-06-01+100,000→ 100,000 total
    → Common Stock (100,000 underlying)
Footnotes (3)
  • [F1]100% vesting on June 1, 2013, the fourth anniversary following the award date, assuming continued employment.
  • [F2]Shares will vest 0-150% based on performance as measured against a select peer group of companies during the period June 1, 2009 through June 1, 2012.
  • [F3]Vesting in three equal increments when the issurer's common stock price closes on the NYSE above $5.00, $10.00, and $15.00 for twenty (20) consecutive trading days, respectively.

Documents

1 file
  • 4
    hin625.xmlPrimary