4//SEC Filing
MAYFIELD ROBERT A 4
Accession 0000928022-10-000042
CIK 0000928022other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 3:40 PM ET
Size
22.8 KB
Accession
0000928022-10-000042
Insider Transaction Report
Form 4
MAYFIELD ROBERT A
Corporate Secretary
Transactions
- Exercise/Conversion
2006 Performance Shares
2010-08-21−3,200→ 0 totalExercise: $15.83From: 2006-08-21Exp: 2010-08-21→ Common Stock (3,200 underlying) - Tax Payment
Common Stock
2010-08-21$4.61/sh−66$304→ 31,704 total - Exercise/Conversion
Common Stock
2010-08-21$4.61/sh+3,200$14,752→ 31,770 total
Holdings
- 100,099(indirect: By 401(k))
Common Stock
- 4,800
Stock Option (Right to Buy)
Exercise: $4.50From: 2003-01-13Exp: 2012-07-12→ Common Stock (4,800 underlying) - 11,900
2009 Restricted Stock Units - shares
Exercise: $1.63→ Common Stock (11,900 underlying) - 3,000
2010 Restricted Stock Units - cash
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (3,000 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) - 2,100
2009 Restricted Stock Units - cash
Exercise: $1.63→ Common Stock (2,100 underlying) - 17,500
2010 Phantom Shares
Exercise: $4.95From: 2010-11-08Exp: 2012-12-31→ Common Stock (17,500 underlying) - 17,000
2010 Restricted Stock Units - shares
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (17,000 underlying)
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]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
Documents
Issuer
CALLON PETROLEUM CO
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001188196
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 3:40 PM ET
- Size
- 22.8 KB