4//SEC Filing
CALPINE CORP 4
Accession 0001140361-17-008193
CIK 0000916457operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 7:18 PM ET
Size
8.3 KB
Accession
0001140361-17-008193
Insider Transaction Report
Form 4
CALPINE CORPCPN
Novotny Andrew R.
SVP of Commercial Operations
Transactions
- Award
Employee Stock Option (right to buy)
2017-02-15+27,052→ 27,052 totalExercise: $11.69From: 2020-02-15Exp: 2027-02-15→ Common Stock (27,052 underlying) - Award
Performance Stock Units
2017-02-15+8,745→ 8,745 totalExercise: $0.00→ Common Stock (8,745 underlying)
Footnotes (3)
- [F1]Granted pursuant to Calpine Corporation's (the "Company") Amended and Restated 2008 Equity Plan.
- [F2]The option vests 100% on February 15, 2020.
- [F3]The number of performance share units ("PSUs") reported represents the "target" number of PSUs that may be earned. Each PSU represents a contingent right to receive 0-150% of the target award. PSUs will vest and be paid in cash (in an amount equal to the product of the number of earned PSUs multiplied by the fair market value of one share of common stock of the Company as of the last trading day of the performance cycle) upon achievement of the specified thresholds of the Company's total shareholder return over the three-year performance period of January 1, 2017 through December 31, 2019, following the Compensation Committee's certification of performance as soon as practicable following completion of the performance period.
Documents
Issuer
CALPINE CORP
CIK 0000916457
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916457
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 7:18 PM ET
- Size
- 8.3 KB