Ecklund Michol L 4
4 · Callon Petroleum Co · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Ecklund Michol L
VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2023-04-01+5,510→ 27,239 total - Exercise/Conversion
Common Stock
2023-04-01+3,254→ 28,324 total - Tax Payment
Common Stock
2023-04-01$33.44/sh−1,281$42,837→ 27,043 total - Exercise/Conversion
2021 RSU - Stock
2023-04-01−5,510→ 5,510 total→ Common Stock (5,510 underlying) - Tax Payment
Common Stock
2023-04-01$33.44/sh−1,905$63,703→ 21,729 total - Tax Payment
Common Stock
2023-04-01$33.44/sh−2,169$72,531→ 25,070 total - Exercise/Conversion
2020 RSU - Stock
2023-04-01−4,839→ 0 total→ Common Stock (4,839 underlying) - Exercise/Conversion
Common Stock
2023-04-01+4,839→ 23,634 total - Exercise/Conversion
2022 RSU - Stock
2023-04-01−3,254→ 6,506 total→ Common Stock (3,254 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 14,519 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 16,530 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 9,760 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.