Gatto Joseph C. Jr. 4
4 · Callon Petroleum Co · Filed Mar 6, 2024
Insider Transaction Report
Form 4
Gatto Joseph C. Jr.
SR VP - Corporate Finance
Transactions
- Award
2024 RSU - Stock
2024-03-04+171,008→ 171,008 total→ Common Stock (171,008 underlying)
Holdings
- 134,323
Common Stock
Footnotes (2)
- [F1]On March 4, 2024, the reporting person was granted 171,008 Restricted Stock Units ("RSUs"). The award terms specify that 50% of the RSUs will be payable in common stock, with one-third ratable vesting each year subsequent to the award year. Of the 50% payable in common stock, the first tranche will vest on April 1, 2025; the second tranche will vest on April 1, 2026; and the third and final tranche will vest on April 1, 2027. The remaining 50% of the RSUs will be payable in cash, with such RSUs cliff vesting in full on April 1, 2027.
- [F2]RSUs convert into common stock on a one-for-one basis.