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CALLON PETROLEUM CO·4

May 16, 5:24 PM ET

BORRELLO VINCENT 4

4 · CALLON PETROLEUM CO · Filed May 16, 2011

Insider Transaction Report

Form 4
Period: 2011-05-12
CALLON PETROLEUM COCPE
BORRELLO VINCENT
VP/General Mgr - Permian
Transactions
  • Award

    2011 Restricted Stock Units - Cash

    2011-05-12+3,000→ 3,000 total
    Exercise: $7.01From: 2012-05-12Exp: 2014-05-12→ Common Stock (3,000 underlying)
  • Award

    2011 Restricted Stock Units - Stock

    2011-05-12+17,000→ 17,000 total
    Exercise: $7.01From: 2012-05-12Exp: 2014-05-12→ Common Stock (17,000 underlying)
Holdings

  • 2011 Restricted Stock Units

    Exercise: $7.81From: 2011-10-04Exp: 2014-04-04→ Common Stock (45,000 underlying)
    45,000
Footnotes (3)
  • [F1]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 on the date of vesting.
  • [F2]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.
  • [F3]The restricted stock units will vest 1/3 on each anniversary date beginning April 4, 2012, assuming continued employment.

Documents

1 file
  • 4
    bor831.xmlPrimary