CASSIDY FRANK 4
4 · CALPINE CORP · Filed May 10, 2011
Insider Transaction Report
Form 4
CALPINE CORPCPN
CASSIDY FRANK
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2011-05-07+8,956→ 20,352 total - Exercise/Conversion
Restricted Stock Units (Right to Acquire)
2011-05-07−8,956→ 0 totalExercise: $0.00→ Common Stock (8,956 underlying)
Footnotes (2)
- [F1]Represents shares acquired upon the release of restricted stock units.
- [F2]Represents restricted stock units awarded May 7, 2009, vested 100% on May 7, 2010, and released on elected distribution date of May 7, 2011. Each restricted stock unit represents a contingent right to receive one share of Calpine Corporation common stock. The restricted stock units are payable solely in common stock.