Balmer Jeffrey S 4
4 · Callon Petroleum Co · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Balmer Jeffrey S
Senior VP and COO
Transactions
- Exercise/Conversion
Common Stock
2023-04-01+7,683→ 31,444 total - Exercise/Conversion
Common Stock
2023-04-01+8,746→ 37,166 total - Tax Payment
Common Stock
2023-04-01$33.44/sh−3,442$115,100→ 33,724 total - Tax Payment
Common Stock
2023-04-01$33.44/sh−1,954$65,342→ 36,734 total - Exercise/Conversion
2020 RSU - Stock
2023-04-01−7,683→ 0 total→ Common Stock (7,683 underlying) - Tax Payment
Common Stock
2023-04-01$33.44/sh−3,024$101,123→ 28,420 total - Exercise/Conversion
Common Stock
2023-04-01+4,964→ 38,688 total - Exercise/Conversion
2021 RSU - Stock
2023-04-01−8,746→ 8,746 total→ Common Stock (8,746 underlying) - Exercise/Conversion
2022 RSU - Stock
2023-04-01−4,964→ 9,928 total→ Common Stock (4,964 underlying)
Footnotes (7)
- [F1]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").
- [F2]Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
- [F3]Payment of tax liability by withholding common stock incident to vesting of RSU award issued in accordance with Rule 16b-3.
- [F4]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.
- [F5]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 vested on April 1, 2023.
- [F6]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 vested on April 1, 2023. The third and final tranche will vest on April 1, 2024.
- [F7]On March 9, 2022, the reporting person was granted 14,892 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, 2023. The second tranche will vest April 1, 2024. The third and final tranche will vest on April 1, 2025.