Conn Mitzi P 4
4 · CALLON PETROLEUM CO · Filed Jan 3, 2019
Insider Transaction Report
Form 4
Conn Mitzi P
Corporate Controller
Transactions
- Tax Payment
Common Stock
2018-12-31$6.49/sh−4,404$28,582→ 50,368 total - Exercise/Conversion
Common Stock
2018-12-31+12,710→ 54,772 total - Exercise/Conversion
2016 Performance Units - 50% Cash
2018-12-31−8,951→ 0 totalFrom: 2018-12-31Exp: 2018-12-31→ Common Stock (8,951 underlying) - Disposition to Issuer
Common Stock
2018-12-31$6.49/sh−12,710$82,488→ 42,062 total - Exercise/Conversion
Common Stock
2018-12-31+12,710→ 54,772 total - Exercise/Conversion
2016 Performance Units - 50% Stock
2018-12-31−8,951→ 0 totalFrom: 2018-12-31Exp: 2018-12-31→ Common Stock (8,951 underlying)
Holdings
- 24,484(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Each Performance Unit paid in cash is the economic equivalent of the vesting date closing price of one share of Callon Petroleum Company's common stock.
- [F2]Payment of tax liability by withholding Common Stock incident to vesting of Performance Unit award issued in accordance with Rule 16b-3.
- [F3]This Performance Unit award was 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 over a 31-month period. The number of units subject to vest under this award ranged from 0% to 200%. On the vesting date, this Performance Unit award vested at the 142% level.
- [F4]The terms of this Performance Unit award specify payment in cash.
- [F5]The terms of this Performance Based Unit award specify payment in stock.
- [F6]Each Performance Unit is the economic equivalent of one share of Callon Petroleum Company's common stock.