4//SEC Filing
Ecklund Michol L 4
Accession 0000928022-23-000005
CIK 0000928022other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:52 PM ET
Size
17.9 KB
Accession
0000928022-23-000005
Insider Transaction Report
Form 4
Ecklund Michol L
VP & General Counsel
Transactions
- Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−1,960→ 0 totalFrom: 2022-12-31Exp: 2022-12-31→ Common Stock (1,960 underlying) - Disposition to Issuer
Common Stock
2022-12-31$36.07/sh−1,960$70,697→ 17,711 total - Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−1,960→ 0 totalFrom: 2022-12-31Exp: 2022-12-31→ Common Stock (1,960 underlying) - Exercise/Conversion
Common Stock
2022-12-31+1,960→ 19,671 total - Exercise/Conversion
Common Stock
2022-12-31+1,960→ 19,671 total - Tax Payment
Common Stock
2022-12-31$37.09/sh−876$32,491→ 18,795 total
Footnotes (6)
- [F1]Per the terms of the applicable award agreement, each Performance Unit paid in cash is valued at the average of the 20-day closing price of one share of Callon Petroleum Company's common stock as of the vesting date.
- [F2]Each Performance Unit paid in stock is the equivalent of one share of Callon Petroleum Company's common stock.
- [F3]Payment of tax liability by withholding common stock incident to vesting of Performance Unit award issued in accordance with Rule 16b-3.
- [F4]This Performance Unit award was subject to a variable number of units vesting based on a performance criteria related to the total shareholder return of the Company compared to a group of peer companies. The number of units subject to vest under this award ranged from 0% to 300%. On the vesting date, this Performance Unit award vested at the 18% level.
- [F5]The terms of this Performance Unit Award specify payment in cash.
- [F6]The terms of this Performance Unit Award specify payment in stock.
Issuer
Callon Petroleum Co
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001721973
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:52 PM ET
- Size
- 17.9 KB