4//SEC Filing
Balmer Jeffrey S 4
Accession 0000928022-22-000049
CIK 0000928022other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 4:13 PM ET
Size
19.5 KB
Accession
0000928022-22-000049
Insider Transaction Report
Form 4
Balmer Jeffrey S
Senior VP and COO
Transactions
- Tax Payment
Common Stock
2022-04-01$62.42/sh−3,024$188,758→ 16,736 total - Exercise/Conversion
2020 RSU - Stock
2022-04-01−7,683→ 7,683 total→ Common Stock (7,683 underlying) - Exercise/Conversion
Common Stock
2022-04-01+8,746→ 25,482 total - Exercise/Conversion
2021 RSU - Stock
2022-04-01−8,746→ 17,492 total→ Common Stock (8,746 underlying) - Exercise/Conversion
Common Stock
2022-04-01+7,683→ 19,760 total - Tax Payment
Common Stock
2022-04-01$62.42/sh−3,442$214,850→ 22,040 total
Holdings
- 0(indirect: By 401(k))
Common Stock
Footnotes (7)
- [F1]Effective March 31, 2022, Callon Petroleum Company (the "Company") eliminated the Company stock fund as an investment alternative available under the Company's 401(k) plan. As a result, the shares of the Company's common stock that the reporting person previously reported as beneficially owned under the 401(k) plan were liquidated.
- [F2]Reflects the 1-for-10 reverse split of the common stock, par value $0.01, of the Company, effective August 7, 2020 (the "Reverse Stock Split").
- [F3]Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
- [F4]Payment of tax liability by withholding common stock incident to vesting of RSU award issued in accordance with Rule 16b-3.
- [F5]Each RSU is the economic equivalent of one share of the Company's 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.
- [F6]On January 31, 2020, the reporting person was granted 23,049 RSUs, as adjusted by the Reverse Stock Split, subject to the 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 vested on April 1, 2022. The third and final tranche will vest on April 1, 2023.
- [F7]On March 12, 2021, the reporting person was granted 26,238 RSUs subject to the three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche vested on April 1,2022. The second tranche will vest on April 1, 2023. The third and final tranche will vest on April 1, 2024.
Issuer
Callon Petroleum Co
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001759779
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 4:13 PM ET
- Size
- 19.5 KB