4//SEC Filing
CALLON PETROLEUM CO 4
Accession 0000928022-16-000167
CIK 0000928022operating
Filed
May 16, 8:00 PM ET
Accepted
May 17, 3:45 PM ET
Size
21.5 KB
Accession
0000928022-16-000167
Insider Transaction Report
Form 4
CALLON FRED L
DirectorChairman, President, CEO
Transactions
- Tax Payment
Common Stock
2016-05-15$10.81/sh−75,298$813,971→ 437,720 total - Award
2016 RSU - Stock
2016-05-13+67,631→ 67,631 totalExercise: $0.00From: 2019-05-13Exp: 2019-05-13→ Common Stock (67,631 underlying) - Exercise/Conversion
Common Stock
2016-05-15+160,378→ 513,018 total - Exercise/Conversion
2013 RSU - Cash
2016-05-15−28,302→ 0 totalFrom: 2016-05-15Exp: 2016-05-15→ Common Stock (28,302 underlying) - Exercise/Conversion
Common Stock
2016-05-15+28,302→ 466,022 total - Disposition to Issuer
Common Stock
2016-05-15$10.90/sh−28,302$308,492→ 437,720 total - Exercise/Conversion
2013 RSU - Stock
2016-05-15−160,378→ 0 totalExercise: $0.00From: 2016-05-15Exp: 2016-05-15→ Common Stock (160,378 underlying) - Award
2016 Phantom Units
2016-05-13+11,935→ 11,935 totalFrom: 2019-05-13Exp: 2019-05-13→ Common Stock (11,935 underlying) - Award
2016 Performance Based Units - 50% Stock/50% Cash
2016-05-13+119,350→ 119,350 totalFrom: 2018-12-31Exp: 2018-12-31→ Common Stock (119,350 underlying)
Footnotes (5)
- [F1]The terms of this Phantom Unit award specify payment in cash rather than in common shares. The value of each vested unit is equal to the average of the opening and closing price of the company's common stock on the vesting date.
- [F2]The award terms specify cliff vesting three years from the date of the award.
- [F3]The terms of this Phantom Unit award specify payment in cash rather than in common shares.
- [F4]Each share of phantom stock is the economic equivalent of one share of the company's common stock.
- [F5]This Performance Based Unit award is subject to a variable number of units vesting based on a performance criteria related to the total shareholder return of the company compared to a group of peer companies. The number of units subject to vest under this award can range from 0% to as much as 200%. The award terms also specify that upon vesting 50% of the vested units will be payable in common shares and 50% will be payable in cash.
Documents
Issuer
CALLON PETROLEUM CO
CIK 0000928022
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000928022
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 3:45 PM ET
- Size
- 21.5 KB