Balmer Jeffrey S 4

4 · Callon Petroleum Co · Filed Jan 4, 2023

Form 4

Period: 2022-12-31

Senior VP and COO

Transactions

Disposition to Issuer
Common Stock
2022-12-31$36.07/sh−3,111$112,214→ 22,040 total
Exercise/Conversion
Common Stock
2022-12-31+3,111→ 25,151 total
Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−3,111→ 0 total
From: 2022-12-31Exp: 2022-12-31→ Common Stock (3,111 underlying)
Exercise/Conversion
2020 Performance Units - 50% Stock/50% Cash
2022-12-31−3,111→ 0 total
From: 2022-12-31Exp: 2022-12-31→ Common Stock (3,111 underlying)
Exercise/Conversion
Common Stock
2022-12-31+3,111→ 25,151 total
Tax Payment
Common Stock
2022-12-31$37.09/sh−1,390$51,555→ 23,761 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.

Documents

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