4//SEC Filing
MAYFIELD ROBERT A 4
Accession 0000928022-09-000043
CIK 0000928022other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 11:00 AM ET
Size
18.5 KB
Accession
0000928022-09-000043
Insider Transaction Report
Form 4
MAYFIELD ROBERT A
Corporate Secretary
Transactions
- Tax Payment
Common Stock
2009-09-21$2.11/sh−941$1,986→ 28,570 total - Tax Payment
Common Stock
2009-09-21$1.63/sh+24$39→ 28,594 total
Holdings
- 75,631(indirect: By 401(k))
Common Stock
- 2,100
2009 Restricted Stock Units - cash
Exercise: $1.63→ Common Stock (2,100 underlying) - 11,900
2009 Restricted Stock Units - shares
Exercise: $1.63→ Common Stock (11,900 underlying) - 12,500
Stock Option (Right to Buy)
Exercise: $10.50From: 2000-09-23Exp: 2010-03-23→ Common Stock (12,500 underlying) - 3,200
2006 Performance Shares
Exercise: $15.83From: 2006-08-21Exp: 2010-08-21→ Common Stock (3,200 underlying) - 1,200
Stock Option (Right to Buy)
Exercise: $3.70From: 2003-02-24Exp: 2012-08-23→ Common Stock (1,200 underlying) - 4,000
2008 Performance Stock Award
Exercise: $0.00→ Common Stock (4,000 underlying) - 4,800
Stock Option (Right to Buy)
Exercise: $4.50From: 2003-01-13Exp: 2012-07-12→ Common Stock (4,800 underlying)
Footnotes (6)
- [F1]Shares withheld by the Issuer to satisfy federal and state tax liabilities associated with the taxable income recognized on the payment date of certain previously vested restricted stock.
- [F2]These shares are being issued to correct the number of shares originally withheld by the issuer to pay the tax liability associated with the restricted stock vested and reported on August 14, 2009.
- [F3]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.
- [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.
- [F5]Restricted Stock Units will vest 100% on the third anniversary date following the grant date. Payment will be made in cash based on the average of the opening and closing market price of the underlying common stock of the issuer on the date of vesting.
- [F6]Restricted Stock Units will vest 100% on the third anniversary date following the grant date. Payment will be made in shares of common stock of the issuer based on the average of the opening and closing market price of the underlying common stock on the date of vesting.
Documents
Issuer
CALLON PETROLEUM CO
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001188196
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 11:00 AM ET
- Size
- 18.5 KB