4//SEC Filing
WOODCOCK STEPHEN F 4
Accession 0000928022-11-000043
CIK 0000928022other
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 2:19 PM ET
Size
17.2 KB
Accession
0000928022-11-000043
Insider Transaction Report
Form 4
WOODCOCK STEPHEN F
Vice-President, Exploration
Transactions
- Tax Payment
Common Stock
2011-04-18$6.51/sh−166$1,081→ 37,377 total
Holdings
- 23,800
2009 Restricted Stock Units - shares
Exercise: $1.63→ Common Stock (23,800 underlying) - 12,112(indirect: By 401(k))
Common Stock
- 4,200
2009 Restricted Stock Units - cash
Exercise: $1.63→ Common Stock (4,200 underlying) - 11,250
2010 Restricted Stock Units - cash
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (11,250 underlying) - 13,250
Stock Option (Right to Buy)
Exercise: $4.50From: 2003-01-13Exp: 2012-07-12→ Common Stock (13,250 underlying) - 63,750
2010 Restricted Stock Units - shares
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (63,750 underlying) - 8,500
Stock Option (Right to Buy)
Exercise: $3.70From: 2003-02-24Exp: 2012-08-23→ Common Stock (8,500 underlying) - 37,500
2010 Phantom Shares
Exercise: $4.95From: 2010-11-08Exp: 2012-12-31→ Common Stock (37,500 underlying)
Footnotes (7)
- [F1]Shares withheld by the Issuer to satisfy tax liabilities associated with the taxable income on the vesting date of certain restricted stock. Additional shares will be withheld by the Issuer at a later date when the tax liability associated with the payment date is determined.
- [F2]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.
- [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 0001191298
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 2:19 PM ET
- Size
- 17.2 KB