Newberry Gary 4
4 · CALLON PETROLEUM CO · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Newberry Gary
VP - Prod and Development
Transactions
- Disposition to Issuer
Common Stock
2017-12-31$12.15/sh−40,122$487,482→ 217,062 total - Exercise/Conversion
Common Stock
2017-12-31+40,122→ 257,184 total - Exercise/Conversion
Common Stock
2017-12-31+40,120→ 257,182 total - Tax Payment
Common Stock
2017-12-31$12.15/sh−11,400$138,510→ 245,782 total - Exercise/Conversion
2015 Performance Based Units - 50% Cash
2017-12-31−21,925→ 0 totalFrom: 2017-12-31Exp: 2017-12-31→ Common Stock (21,925 underlying) - Exercise/Conversion
2015 Performance Based Units - 50% Stock
2017-12-31−21,924→ 0 totalExercise: $0.00From: 2017-12-31Exp: 2017-12-31→ Common Stock (21,924 underlying)
Footnotes (4)
- [F1]Each Performance Based Unit paid in cash is the economic equivalent of the vesting closing price of one share of Callon Petroleum Company's common stock.
- [F2]The terms of this Performance Based Unit award specify payment in cash.
- [F3]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 200%. On the vesting date, this Performance Based Unit award vested at the 183% level.
- [F4]The terms of this Performance Based Unit award specify payment in stock.