4//SEC Filing
HINCHMAN STEVEN B 4
Accession 0000928022-10-000052
CIK 0000928022other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 11:39 AM ET
Size
16.5 KB
Accession
0000928022-10-000052
Insider Transaction Report
Form 4
HINCHMAN STEVEN B
Exec. VP and COO
Transactions
- Exercise/Conversion
Common Stock
2010-09-24$2.75/sh+166,666$458,332→ 266,666 total - Exercise/Conversion
2009 Stock Option (Right to Buy)
2010-09-24$2.75/sh−166,666$458,332→ 333,334 totalExercise: $2.75From: 2009-12-01Exp: 2019-06-01→ Common Stock (166,666 underlying) - Tax Payment
Common Stock
2010-09-24$3.79/sh−133,191$504,794→ 133,475 total
Holdings
- 50,000
2010 Phantom Shares
Exercise: $4.95From: 2010-11-08Exp: 2012-12-31→ Common Stock (50,000 underlying) - 4,417(indirect: By 401(k))
Common Stock
- 100,000
2009 Performance Shares
Exercise: $0.00→ Common Stock (100,000 underlying) - 15,000
2010 Restricted Stock Units - cash
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (15,000 underlying) - 85,000
2010 Restricted Stock Units - shares
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (85,000 underlying)
Footnotes (5)
- [F1]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.
- [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]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.
- [F4]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.
- [F5]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 0001238371
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 11:39 AM ET
- Size
- 16.5 KB