Home/Filings/4/0000928022-10-000015
4//SEC Filing

MAYFIELD ROBERT A 4

Accession 0000928022-10-000015

CIK 0000928022other

Filed

May 10, 8:00 PM ET

Accepted

May 11, 3:40 PM ET

Size

22.2 KB

Accession

0000928022-10-000015

Insider Transaction Report

Form 4
Period: 2010-05-07
MAYFIELD ROBERT A
Corporate Secretary
Transactions
  • Award

    2010 Restricted Stock Units - cash

    2010-05-07+3,0003,000 total
    Exercise: $4.95From: 2010-11-08Exp: 2013-05-07Common Stock (3,000 underlying)
  • Award

    2010 Phantom Shares

    2010-05-07+17,50017,500 total
    Exercise: $4.95From: 2010-11-08Exp: 2012-12-31Common Stock (17,500 underlying)
  • Award

    2010 Restricted Stock Units - shares

    2010-05-07+17,00017,000 total
    Exercise: $4.95From: 2010-11-08Exp: 2013-05-07Common Stock (17,000 underlying)
Holdings
  • Stock Option (Right to Buy)

    Exercise: $4.50From: 2003-01-13Exp: 2012-07-12Common Stock (4,800 underlying)
    4,800
  • 2009 Restricted Stock Units - cash

    Exercise: $1.63Common Stock (2,100 underlying)
    2,100
  • 2006 Performance Shares

    Exercise: $15.83From: 2006-08-21Exp: 2010-08-21Common Stock (3,200 underlying)
    3,200
  • 2009 Restricted Stock Units - shares

    Exercise: $1.63Common Stock (11,900 underlying)
    11,900
  • Stock Option (Right to Buy)

    Exercise: $3.70From: 2003-02-24Exp: 2012-08-23Common Stock (1,200 underlying)
    1,200
  • 2008 Performance Stock Award

    Exercise: $0.00Common Stock (4,000 underlying)
    4,000
  • Common Stock

    28,570
  • Common Stock

    (indirect: By 401(k))
    99,492
Footnotes (7)
  • [F1]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.
  • [F2]This Phantom Share award is subject to vesting on December 31, 2012 and is payable in cash rather than stock. In addition, the award is subject to a variable percentage payout based on a performance criteria related to the Total Shareholder Return of the Company compared to a group of peer companies. Therefore this award can range from 0% to as much as 150% of its original value at the vesting date.
  • [F3]Restricted Stock Units will vest 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.
  • [F4]Restricted Stock Units will vest 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.
  • [F5]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.
  • [F6]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.
  • [F7]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

1 file

Issuer

CALLON PETROLEUM CO

CIK 0000928022

Entity typeother

Related Parties

1
  • filerCIK 0001188196

Filing Metadata

Form type
4
Filed
May 10, 8:00 PM ET
Accepted
May 11, 3:40 PM ET
Size
22.2 KB