Smith Howard Clark 4

Accession 0000928022-12-000100

CIK 0000928022other

View on SEC.gov Company Profile

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 11:53 AM ET

Size

26.4 KB

Accession

0000928022-12-000100

Insider Transaction Report

Form 4

Period: 2012-08-15

CALLON PETROLEUM COCPE

SMITH CLARK H

Chief Information Officer

Transactions

Conversion
Stock Option (Right to Buy)
2012-08-15$5.25/sh−3,250$17,063→ 0 total
Exercise: $3.70From: 2003-02-24Exp: 2012-08-23→ Common Stock (3,250 underlying)
Conversion
Common Stock
2012-08-15$5.25/sh+3,250$17,063→ 11,407 total
Tax Payment
Common Stock
2012-08-15$5.25/sh−2,593$13,613→ 8,814 total

Holdings

2012 Phantom Shares
Exercise: $5.09From: 2014-12-31Exp: 2014-12-31→ Common Stock (9,250 underlying)
9,250
2010 Phantom Shares
Exercise: $4.95From: 2010-11-08Exp: 2012-12-31→ Common Stock (17,500 underlying)
17,500
2010 Restricted Stock Units - Cash
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (3,000 underlying)
3,000
2011 Phantom Shares
Exercise: $7.01From: 2012-05-12Exp: 2013-12-31→ Common Stock (10,000 underlying)
10,000
Common Stock
(indirect: By Spouse)
34,160
Common Stock
(indirect: By 401(k))
4,363
2010 Restricted Stock Units - Stock
Exercise: $4.95From: 2010-11-08Exp: 2013-05-07→ Common Stock (17,000 underlying)
17,000
2011 Restricted Stock Units - Cash
Exercise: $7.01From: 2012-05-12Exp: 2014-05-12→ Common Stock (2,100 underlying)
2,100
2012 Restricted Stock Units - Cash
Exercise: $5.09From: 2015-05-08Exp: 2015-05-08→ Common Stock (2,775 underlying)
2,775
2012 Restricted Stock Units - Stock
Exercise: $5.09From: 2015-05-08Exp: 2015-05-01→ Common Stock (15,725 underlying)
15,725
2011 Restricted Stock Units - Stock
Exercise: $7.01From: 2012-05-12Exp: 2014-05-12→ Common Stock (11,900 underlying)
11,900
Stock Option (Right to Buy)
Exercise: $4.50From: 2003-01-13Exp: 2012-07-12→ Common Stock (4,800 underlying)
4,800

Footnotes (8)

[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]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.
[F3]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.
[F4]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.
[F5]This Phantom Share award is subject to vesting on December 31, 2013 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 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.
[F8]This Phantom Share award is subject to vesting on December 31, 2014 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.

Documents

1 file

4
smi902.xmlPrimary

Issuer

CALLON PETROLEUM CO

CIK 0000928022

→

Entity typeother

Related Parties

filerCIK 0001188201

Filing Metadata

Form type: 4
Filed: Aug 16, 8:00 PM ET
Accepted: Aug 17, 11:53 AM ET
Size: 26.4 KB

View on SEC.gov