4//SEC Filing
Newberry Gary 4
Accession 0000928022-18-000059
CIK 0000928022other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 8:52 PM ET
Size
13.2 KB
Accession
0000928022-18-000059
Insider Transaction Report
Form 4
Newberry Gary
VP - Prod and Development
Transactions
- Award
2018 RSU - Stock
2018-05-10+59,321→ 59,321 total→ Common Stock (59,321 underlying) - Award
2018 Performance Based Units - 50% Stock/50% Cash
2018-05-10+88,984→ 88,984 totalFrom: 2020-12-31Exp: 2020-12-31→ Common Stock (88,984 underlying)
Holdings
- 245,782
Common Stock
- 58,566(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]On May 10, 2018, the reporting person was granted 59,321 restricted stock units with one-third vesting each year.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]The award terms specify three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche will vest on June 1, 2019. The second tranche will vest on June 1, 2020. The third and final tranche will vest on June 1, 2021.
- [F4]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 as little as 0% to as much as 200%. The award terms also specify that upon vesting 50% of the vested units will be payable in common stock and 50% will be payable in cash.
- [F5]Each unit is the economic equivalent of one share of the company's common stock.
Issuer
CALLON PETROLEUM CO
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001488566
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 8:52 PM ET
- Size
- 13.2 KB