4//SEC Filing
SPO ADVISORY PARTNERS LP 4
Accession 0001181431-08-057524
CIK 0000916457other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 9:11 PM ET
Size
19.1 KB
Accession
0001181431-08-057524
Insider Transaction Report
Form 4
CALPINE CORPCPN
SPO ADVISORY CORP
10% Owner
Transactions
- Purchase
Common Stock
2008-10-14$10.16/sh+779,834$7,923,113→ 83,481,608 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$11.65/sh+300$3,495→ 83,930,661 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.91/sh+454,166$4,954,951→ 83,930,365 total(indirect: See footnotes)
SF ADVISORY PARTNERS LP
10% Owner
Transactions
- Purchase
Common Stock
2008-10-14$11.65/sh+300$3,495→ 83,930,661 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.91/sh+454,166$4,954,951→ 83,930,365 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.16/sh+779,834$7,923,113→ 83,481,608 total(indirect: See footnotes)
SPO ADVISORY PARTNERS LP
10% Owner
Transactions
- Purchase
Common Stock
2008-10-14$10.16/sh+779,834$7,923,113→ 83,481,608 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.91/sh+454,166$4,954,951→ 83,930,365 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$11.65/sh+300$3,495→ 83,930,661 total(indirect: See footnotes)
SPO PARTNERS II LP
10% Owner
Transactions
- Purchase
Common Stock
2008-10-14$10.16/sh+779,834$7,923,113→ 83,481,608 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$11.65/sh+300$3,495→ 83,930,661 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.91/sh+454,166$4,954,951→ 83,930,365 total(indirect: See footnotes)
Transactions
- Purchase
Common Stock
2008-10-14$10.91/sh+454,166$4,954,951→ 83,930,365 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$11.65/sh+300$3,495→ 83,930,661 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.16/sh+779,834$7,923,113→ 83,481,608 total(indirect: See footnotes)
SAN FRANCISCO PARTNERS LP
10% Owner
Transactions
- Purchase
Common Stock
2008-10-14$11.65/sh+300$3,495→ 83,930,661 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.16/sh+779,834$7,923,113→ 83,481,608 total(indirect: See footnotes) - Purchase
Common Stock
2008-10-14$10.91/sh+454,166$4,954,951→ 83,930,365 total(indirect: See footnotes)
Footnotes (5)
- [F1]The entities directly acquiring the shares reported in this filing and related filings today are SPO Partners II, L.P. ("SPO Partners"), which bought 2,504,100 shares, Phoebe Snow Foundation ("PSF"), which bought 23,800 shares, the Elizabeth R. & William J. Patterson Foundation ("WJPFND") which bought 6,000 shares, William J. Patterson ("WJP") who bought 200 shares,and Edward H. McDermott ("EHM") who bought 200 shares. The range of prices for the purchases on 10/14/08, reported in Line 1 above, was $9.61- $10.60. The range of prices for the purchases on 10/14/08, reported in Line 2 above, was $10.61-$11.51. The range of prices for the purchases on 10/14/08, reported in Line 3 above, was $11.64-$11.66. (full detailed information regarding the shares purchased at each price will be provided upon request ).
- [F2]As a result of the purchases causing this filing and related filings today, and as a result of the conversion of debt instruments to common stock upon the issuer's emergence from bankruptcy, 76,859,808 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) JHS, WEO, WJP & EHM, the four controlling persons of SPO Corp. Additionally, 5,150,500 shares are owned directly by SPO Partners II Co-Investment Partnership, L.P. ("SPO Co-Invest"), and may be deemed to be indirectly beneficially owned by (i) SPO Advisory, the sole general partner of SPO Co-Invest, (ii) SPO Corp, the sole general partner of SPO Advisory, and (iii) JHS, WEO, WJP and EHM, the four controlling persons of SPO Corp.
- [F3]Additionally, 3,204,753 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, WJP and EHM, the four controlling persons of SPO Corp. Additionally, as a result of the purchases causing this filing and related filings today, PSF owns 172,100 shares, WJPFND owns 36,800 shares, JHS owns 6,100 shares in his IRAs, which are self-directed, WEO owns 34,900 shares in his IRA, which is self-directed, WJP owns 1,400 shares in his IRA, which is self-directed and EHM owns 1,200 shares in his IRA, which is self-directed.
- [F4]Additionally, 5,029 shares of restricted stock and 2,720 restricted stock units are owned by WJP, a director of the Issuer. Pursuant to the partnership agreement governing SPO Partners, these shares may be deemed to be indirectly beneficially owned by SPO Partners together with any profits arising therefrom.
- [F5]Additionally, the shares represented in Column 5 above may be deemed to be indirectly beneficially owned by J. Stuart Ryan ("JSR"), solely in his advisory capacity to SPO Corp. Additionally, 5,029 shares of restricted stock are owned by JSR, a director of the Issuer.
Issuer
CALPINE CORP
CIK 0000916457
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001252456
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 9:11 PM ET
- Size
- 19.1 KB