Home/Filings/4/0000928022-19-000032
4//SEC Filing

Loeffler Correne S 4

Accession 0000928022-19-000032

CIK 0000928022other

Filed

Feb 3, 7:00 PM ET

Accepted

Feb 4, 5:44 PM ET

Size

13.4 KB

Accession

0000928022-19-000032

Insider Transaction Report

Form 4
Period: 2019-01-31
Loeffler Correne S
CFO and Treasurer
Transactions
  • Award

    2019 Performance Units - 50% Stock/50% Cash

    2019-01-31+30,96030,960 total
    From: 2021-12-31Exp: 2021-12-31Common Stock (30,960 underlying)
  • Award

    2019 RSU - Stock

    2019-01-31+20,63720,637 total
    From: 2020-04-01Exp: 2022-04-01Common Stock (20,637 underlying)
Holdings
  • Common Stock

    8,453
  • Common Stock

    (indirect: By 401(k))
    728
Footnotes (5)
  • [F1]On January 31, 2019, the reporting person was granted 20,637 Restricted Stock Units with one-third vesting each year subsequent to the award 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 April 1, 2020. The second tranche will vest on April 1, 2021. The third and final tranche will vest on April 1, 2022.
  • [F4]This Performance Unit award is subject to a variable number of Performance Units vesting based on performance criteria related to the total shareholder return of the Company compared to a group of peer companies. The number of Performance Units subject to vest under this award can range from as little as 0% to as much as 200%. The award terms specify that upon vesting 50% of the vested Performance Units will be payable in Common Stock and 50% will be payable in cash.
  • [F5]Each Performance 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 0001710616

Filing Metadata

Form type
4
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 5:44 PM ET
Size
13.4 KB