4//SEC Filing
Gatto Joseph C. Jr. 4
Accession 0000928022-23-000007
CIK 0000928022other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:54 PM ET
Size
17.9 KB
Accession
0000928022-23-000007
Insider Transaction Report
Form 4
Gatto Joseph C. Jr.
SR VP - Corporate Finance
Transactions
- Exercise/Conversion
Common Stock
2022-12-31+6,588→ 104,873 total - Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−6,588→ 0 totalFrom: 2022-12-31Exp: 2022-12-31→ Common Stock (6,588 underlying) - Disposition to Issuer
Common Stock
2022-12-31$36.07/sh−6,588$237,629→ 98,285 total - Exercise/Conversion
Common Stock
2022-12-31+6,588→ 104,873 total - Tax Payment
Common Stock
2022-12-31$37.09/sh−1,824$67,652→ 103,049 total - Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−6,588→ 0 totalFrom: 2022-12-31Exp: 2022-12-31→ Common Stock (6,588 underlying)
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 0001546647
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:54 PM ET
- Size
- 17.9 KB