4//SEC Filing
HINCHMAN STEVEN B 4
Accession 0000928022-10-000055
CIK 0000928022other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 3:59 PM ET
Size
19.0 KB
Accession
0000928022-10-000055
Insider Transaction Report
Form 4
HINCHMAN STEVEN B
Exec. VP and COO
Transactions
- Other
2010 Restricted Stock Units - cash
2010-10-01−15,000→ 0 totalExercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (15,000 underlying) - Other
Common Stock
2010-10-01−100,000→ 33,475 total - Other
2009 Performance Shares
2010-10-01−100,000→ 0 total→ Common Stock (100,000 underlying) - Other
2010 Phantom Shares
2010-10-01−50,000→ 0 totalExercise: $4.95From: 2010-11-08Exp: 2012-12-31→ Common Stock (50,000 underlying) - Other
2009 Stock Option (Right to Buy)
2010-10-01−333,334→ 0 totalExercise: $2.75From: 2009-12-01Exp: 2019-06-01→ Common Stock (333,334 underlying) - Other
2010 Restricted Stock Units - shares
2010-10-01−85,000→ 0 totalExercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (85,000 underlying)
Holdings
- 4,845(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Mr. Hinchman resigned from the Company on October 1, 2010. In accordance with the original share award document, all unvested portions of shares awarded shall be cancelled, shall not vest and shall be returned to the issuer.
- [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.
- [F4]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.
- [F5]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.
- [F6]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
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 3:59 PM ET
- Size
- 19.0 KB