WEATHERLY B F 4
4 · CALLON PETROLEUM CO · Filed May 9, 2013
Insider Transaction Report
Form 4
WEATHERLY B F
DirectorExecutive Vice President/ CFO
Transactions
- Exercise/Conversion
Common Stock
2013-05-07$3.67/sh+85,000$311,950→ 125,872 total - Disposition to Issuer
Common Stock
2013-05-07$3.67/sh−15,000$55,050→ 125,872 total - Exercise/Conversion
2010 Restricted Stock Units - Stock
2013-05-07$3.67/sh−85,000$311,950→ 0 totalExercise: $4.95From: 2013-05-07Exp: 2013-05-07→ Common Stock (85,000 underlying) - Exercise/Conversion
2010 Restricted Stock Units - cash
2013-05-07−15,000→ 0 totalFrom: 2013-05-07Exp: 2013-05-07→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2013-05-07+15,000→ 140,872 total - Tax Payment
Common Stock
2013-05-07$3.67/sh−27,498$100,918→ 98,374 total
Footnotes (1)
- [F1]The terms of this Phantom Share award specify payment in cash rather than stock. The amount payable was based on the economic value of one share of Callon Petroleum Company common stock, calculated as the average of the opening and closing price on the vesting date (or $3.67 on May 7, 2013).