Home/Filings/4/0000928022-16-000167
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
Period: 2016-05-13
CALLON FRED L
DirectorChairman, President, CEO
Transactions
  • Tax Payment

    Common Stock

    2016-05-15$10.81/sh75,298$813,971437,720 total
  • Award

    2016 RSU - Stock

    2016-05-13+67,63167,631 total
    Exercise: $0.00From: 2019-05-13Exp: 2019-05-13Common Stock (67,631 underlying)
  • Exercise/Conversion

    Common Stock

    2016-05-15+160,378513,018 total
  • Exercise/Conversion

    2013 RSU - Cash

    2016-05-1528,3020 total
    From: 2016-05-15Exp: 2016-05-15Common Stock (28,302 underlying)
  • Exercise/Conversion

    Common Stock

    2016-05-15+28,302466,022 total
  • Disposition to Issuer

    Common Stock

    2016-05-15$10.90/sh28,302$308,492437,720 total
  • Exercise/Conversion

    2013 RSU - Stock

    2016-05-15160,3780 total
    Exercise: $0.00From: 2016-05-15Exp: 2016-05-15Common Stock (160,378 underlying)
  • Award

    2016 Phantom Units

    2016-05-13+11,93511,935 total
    From: 2019-05-13Exp: 2019-05-13Common Stock (11,935 underlying)
  • Award

    2016 Performance Based Units - 50% Stock/50% Cash

    2016-05-13+119,350119,350 total
    From: 2018-12-31Exp: 2018-12-31Common 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.

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