ULM JAMES P II 4
4 · Callon Petroleum Co · Filed Apr 3, 2020
Insider Transaction Report
Form 4
ULM JAMES P II
Senior VP & CFO
Transactions
- Tax Payment
Common Stock
2020-04-01$0.41/sh−6,957$2,852→ 64,794 total - Exercise/Conversion
Common Stock
2020-04-01+28,567→ 71,751 total - Exercise/Conversion
2019 RSU - Stock
2020-04-01−28,567→ 57,133 total→ Common Stock (28,567 underlying)
Holdings
- 574(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
- [F2]Payment of tax liability by withholding Common Stock incident to vesting of Restricted Stock Unit award issued in accordance with Rule 16b-3.
- [F3]Pursuant to the Company's 2018 Onmibus Incentive Plan, each RSU is the economic equivalent of one share of CPE Common Stock at its closing price on the vesting date. If the vesting date should fall on a weekend or holiday, the preceding business day's closing price is used.
- [F4]On January 31, 2019, the reporting person was granted 85,700 RSUs subject to three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche vested on April 1, 2020. The second tranche will vest on April 1, 2021, and the third and final tranche will vest on April 1, 2022.