CASSIDY FRANK 4
4 · CALPINE CORP · Filed May 11, 2009
Insider Transaction Report
Form 4
CALPINE CORPCPN
CASSIDY FRANK
Director
Transactions
- Award
Restricted Stock Units (Right to Acquire)
2009-05-07+8,956→ 8,956 total→ Common Stock (8,956 underlying)
Footnotes (1)
- [F1]Award of restricted stock units pursuant to the Issuer's 2008 Director Incentive Plan. The award vests and becomes nonforfeitable on the first anniversary date of the grant date. The shares become payable the earliest to occur of (i) the reporting person's Elected Distribution Date of May 7, 2011, (ii) the consummation of a Change in Control, or (iii) upon termination of service on the Board.