4//SEC Filing
Rydout LLC 4
Accession 0001181431-08-008140
CIK 0000916457other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 9:24 PM ET
Size
18.4 KB
Accession
0001181431-08-008140
Insider Transaction Report
Form 4
CALPINE CORPCPN
SPO ADVISORY CORP
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
SPO PARTNERS II LP
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
SF ADVISORY PARTNERS LP
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
SAN FRANCISCO PARTNERS LP
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
RYAN J. STUART
Director
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
SCULLY JOHN H
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
Rydout LLC
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
PATTERSON WILLIAM J
Director10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
SPO ADVISORY PARTNERS LP
10% Owner
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,074,693 total(indirect: See footnotes)
Footnotes (4)
- [F1]Award of restricted stock pursuant to the Issuer's 2008 Director Incentive Plan. The award vests and becomes nonforfeitable on the first anniversary date of the grant date. This award of restricted stock was made to William J. Patterson ("WJP") as a director of the Issuer. Pursuant to the partnership agreement governing SPO Partners II, L.P. ("SPO Partners"), they may be deemed to be beneficially owned by SPO Partners together with any profits arising therefrom.
- [F2]Upon the emergence of bankruptcy, as a result of the conversion of debt instruments to common stock, 60,866,427 of these shares are owned directly by SPO Partners, and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), William E. Oberndorf ("WEO") and WJP, the three controlling persons of SPO Corp. Additionally, 3,203,237 of these shares are owned directly by San Francisco Partners II, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, WEO and WJP, the three controlling persons of SPO Corp. These share numbers are estimated pending actual distributions to SPO Partners and SF Partners.
- [F3]This share amount does not include an award of 5,029 shares of restricted stock made to Stuart J. Ryan ("SJR") in his capacity as a director of the Issuer separately reported by SJR.
- [F4]Additionally, these shares may be deemed to be indirectly beneficially owned by SJR and his investment vehicle, Rydout LLC ("Rydout"), solely in his advisory capacity to SPO Corp., with respect to investments by SPO Partners and SF Partners in securities of Calpine Corp.
Documents
Issuer
CALPINE CORP
CIK 0000916457
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001425972
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 9:24 PM ET
- Size
- 18.4 KB