4//SEC Filing
Conaway Gregory F 4
Accession 0000928022-23-000006
CIK 0000928022other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:53 PM ET
Size
23.8 KB
Accession
0000928022-23-000006
Insider Transaction Report
Form 4
Conaway Gregory F
Vice President & CAO
Transactions
- Disposition to Issuer
Common Stock
2022-12-31$36.07/sh−724$26,115→ 37,593 total - Tax Payment
Common Stock
2022-12-31$37.09/sh−215$7,974→ 38,102 total - Exercise/Conversion
2019 RSU - Stock (Inducement Award)
2023-01-01−1,645→ 0 total→ Common Stock (1,645 underlying) - Tax Payment
Common Stock
2023-01-01$37.09/sh−488$18,100→ 39,259 total - Exercise/Conversion
Common Stock
2022-12-31+724→ 38,317 total - Exercise/Conversion
Common Stock
2022-12-31+724→ 38,317 total - Exercise/Conversion
Common Stock
2023-01-01+1,645→ 39,747 total - Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−724→ 0 totalFrom: 2022-12-31Exp: 2022-12-31→ Common Stock (724 underlying) - Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−724→ 0 totalFrom: 2022-12-31Exp: 2022-12-31→ Common Stock (724 underlying)
Footnotes (11)
- [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.
- [F10]The RSU award is subject to three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche vested on January 1, 2021. The second tranche vested on January 1, 2022. The third and final tranche vested on January 1, 2023.
- [F11]Each RSU is the economic equivalent of one share of Callon Petroleum Company's common stock.
- [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]Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
- [F5]Payment of tax liability by withholding common stock incident to vesting of RSU award issued in accordance with Rule 16b-3.
- [F6]Each RSU is the economic equivalent of one share of Callon Petroleum Company's common stock at its closing price on the vesting date, or the preceding business day's closing price if the vesting date should fall on a weekend or holiday.
- [F7]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.
- [F8]The terms of this Performance Unit Award specify payment in cash.
- [F9]The terms of this Performance Unit Award specify payment in stock.
Issuer
Callon Petroleum Co
CIK 0000928022
Entity typeother
Related Parties
1- filerCIK 0001617609
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:53 PM ET
- Size
- 23.8 KB