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4//SEC Filing

ULM JAMES P II 4

Accession 0000928022-21-000060

CIK 0000928022other

Filed

Apr 11, 8:00 PM ET

Accepted

Apr 12, 4:12 PM ET

Size

19.1 KB

Accession

0000928022-21-000060

Insider Transaction Report

Form 4
Period: 2021-04-01
ULM JAMES P II
Senior VP & CFO
Transactions
  • Tax Payment

    Common Stock

    2021-04-01$40.70/sh2,897$117,90815,371 total
  • Exercise/Conversion

    Common Stock

    2021-04-01+7,36018,268 total
  • Tax Payment

    Common Stock

    2021-04-01$40.70/sh1,125$45,78810,908 total
  • Exercise/Conversion

    2020 RSU - Stock

    2021-04-017,36014,718 total
    Common Stock (7,360 underlying)
  • Exercise/Conversion

    2019 RSU - Stock

    2021-04-012,8572,856 total
    Common Stock (2,857 underlying)
  • Exercise/Conversion

    Common Stock

    2021-04-01+2,85712,033 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    57
Footnotes (6)
  • [F1]Reflects the 1-for-10 reverse split of the common stock, par value $0.01, of Callon Petroleum Company, effective August 7, 2020.
  • [F2]Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
  • [F3]Payment of tax liability by withholding Common Stock incident to vesting of Restricted Stock Unit award issued in accordance with Rule 16b-3.
  • [F4]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.
  • [F5]On January 31, 2019, the reporting person was granted 8,570 RSUs (adjusted to reflect the 1-for-10 reverse stock split of common stock described in Footnote 1) 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 vested on April 1, 2021. The third and final tranche will vest on April 1, 2022.
  • [F6]On January 31, 2020, the reporting person was granted 22,078 RSUs (adjusted to reflect the 1-for-10 reverse stock split of common stock described in Footnote 1) subject to three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche vested on April 1, 2021. The second tranche will vest on April 1, 2022. The third and final tranche will vest on April 1, 2023.

Issuer

Callon Petroleum Co

CIK 0000928022

Entity typeother

Related Parties

1
  • filerCIK 0001013030

Filing Metadata

Form type
4
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 4:12 PM ET
Size
19.1 KB