4//SEC Filing
PATTERSON WILLIAM J 4
Accession 0001181431-10-028669
CIK 0000916457other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 4:46 PM ET
Size
21.0 KB
Accession
0001181431-10-028669
Insider Transaction Report
Form 4
CALPINE CORPCPN
SPO ADVISORY PARTNERS LP
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
SCULLY JOHN H
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
SF ADVISORY PARTNERS LP
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
SPO PARTNERS II LP
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
OBERNDORF WILLIAM E
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
MCDERMOTT EDWARD H
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
SAN FRANCISCO PARTNERS LP
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
PATTERSON WILLIAM J
Director10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
SPO ADVISORY CORP
10% Owner
Transactions
- Award
Common Stock
2010-05-19+10,112→ 93,993,025 total(indirect: See Footnotes)
Footnotes (4)
- [F1]Represents award of restricted stock units, 6,367 of which are pursuant to the Issuer's 2008 Director Incentive Plan and 3,745 of which are pursuant to the Issuer's 2008 Equity Incentive Plan. The award vests on the earlier to occur of (i) the first anniversary of the grant date or (ii) the day immediately preceding the date of the 2011 annual meeting of stockholders. The shares become payable on the earliest to occur of (i) the reporting person's elected distribution date, (ii) the consummation of a change in control, or (iii) upon termination of service on the board of directors. 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. These awards of restricted stock units were made to William J. Patterson ("WJP") as a Director and Chairman of the Board of the Issuer.
- [F2]Pursuant to the partnership agreement governing SPO Partners II, L.P. ("SPO Partners"), these units and profits arising therefrom, may be deemed to be beneficially owned by SPO Partners, and certain of it's affiliates. These units are in addition to 2,720 restricted stock units previously awarded to WJP and previously reported as restricted stock in Table I above, and 14,224 restricted stock units previously awarded to WJP and previously reported as restricted stock units in Table II above. Additionally, WJP owns 1,600 shares in his IRA, which is self-directed. Additionally, WJP directly owns 5,029 shares.
- [F3]Additionally, 85,541,939 shares of the issuer's common stock 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"), WJP, and Edward H. McDermott ("EHM"), the four controlling persons of SPO Corp. Additionally, 3,266,901 shares are owned directly by San Francisco Partners, 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.
- [F4]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. Additionally, JHS owns 6,100 shares of the Issuer's common stock in his IRA, which is self-directed. Additionally, WEO owns 34,900 shares of the Issuer's common stock in his IRA, which is self-directed. Additionally, EHM owns 6,800 shares of the Issuer's common stock in his IRA, which is self-directed.
Documents
Issuer
CALPINE CORP
CIK 0000916457
Entity typeother
Related Parties
1- filerCIK 0001202551
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 4:46 PM ET
- Size
- 21.0 KB