4//SEC Filing
FLURY L RICHARD 4
Accession 0000928022-19-000085
CIK 0000928022other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 3:02 PM ET
Size
27.3 KB
Accession
0000928022-19-000085
Insider Transaction Report
Form 4
FLURY L RICHARD
Director
Transactions
- Exercise/Conversion
2016 RSU - Stock
2019-05-12−4,109→ 0 total→ Common Stock (4,109 underlying) - Exercise/Conversion
2018 RSU - Stock
2019-05-09−11,652→ 0 total→ Common Stock (11,652 underlying) - Exercise/Conversion
2017 RSU - Stock
2019-05-10−3,707→ 3,706 total→ Common Stock (3,707 underlying) - Exercise/Conversion
Phantom Stock Units.
2019-05-12+4,109→ 131,514 total→ Common Stock (4,109 underlying) - Award
2019 RSU - Stock
2019-05-09+20,370→ 20,370 total→ Common Stock (20,370 underlying) - Award
Phantom Stock Units
2019-05-09+24,691→ 112,046 total→ Common Stock (24,691 underlying) - Exercise/Conversion
Phantom Stock Units.
2019-05-09+11,652→ 123,698 total→ Common Stock (11,652 underlying) - Exercise/Conversion
Phantom Stock Units.
2019-05-10+3,707→ 127,405 total→ Common Stock (3,707 underlying)
Holdings
- 30,000(indirect: By Spouse)
Common Stock
- 132,999
Common Stock
Footnotes (8)
- [F1]On May 9, 2019, the reporting person was granted 20,370 RSUs. The award terms specify cliff vesting on the one year anniversary date following the grant date, or the date of the Company's 2020 Annual Shareholders Meeting, whichever should occur first. The reporting person elected that upon vesting these RSUs convert into Phantom Stock Units payable upon retirement.
- [F2]Each Phantom Stock Unit is the economic equivalent of one share of CPE Common Stock.
- [F3]The Phantom Stock Units will be paid upon the Director's retirement from the Company's Board of Directors pursuant to the Plan. The reporting person has elected to have his Phantom Stock Units distributed in cash.
- [F4]The reporting person elected to defer his 2019 director retainer and Chairman's fees pursuant to the Company's Deferred Compensation Plan for Outside Directors (the "Plan"). Under the Plan, all deferrals are converted to CPE Phantom Stock Units. Each Phantom Stock Unit is the economic equivalent of one share of CPE Common Stock.
- [F5]The number of Phantom Stock Units issued is the amount of cash compensation deferred divided by the closing price of CPE on the grant date, which was $8.10 on May 9, 2019.
- [F6]On May 10, 2018, the reporting person was granted 11,652 Restricted Stock Units ("RSUs") that cliff vested on the date of the 2019 Annual Shareholders Meeting of the Company which was held on May 9, 2019. The reporting person elected that upon vesting these RSUs convert into Phantom Stock Units payable upon retirement.
- [F7]On May 10, 2017, the reporting person was granted 11,120 RSUs with one-third vesting on each anniversary date following the grant date. The first tranche vested on May 10, 2018. The second tranche vested on May 10, 2019. The third and final tranche will vest on May 10, 2020. The reporting person elected that upon vesting these RSUs convert into Phantom Stock Units payable upon retirement.
- [F8]On May 12, 2016, the reporting person was granted 12,329 RSUs with one-third vesting on each anniversary date following the grant date. The first tranche vested on May 12, 2017. The second tranche vested on May 12, 2018. The third and final tranche vested on May 12, 2019. The reporting person elected that upon vesting these RSUs convert into Phantom Stock Units payable upon retirement.
Issuer
CALLON PETROLEUM CO
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001184357
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 3:02 PM ET
- Size
- 27.3 KB