4//SEC Filing
SCULLY JOHN H 4
Accession 0001181431-12-008230
CIK 0000916457other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 5:48 PM ET
Size
20.4 KB
Accession
0001181431-12-008230
Insider Transaction Report
Form 4
CALPINE CORPCPN
SPO PARTNERS II LP
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
SF ADVISORY PARTNERS LP
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
SAN FRANCISCO PARTNERS LP
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
SCULLY JOHN H
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
OBERNDORF WILLIAM E
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
RYAN J. STUART
Director
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
MCDERMOTT EDWARD H
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
SPO ADVISORY CORP
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
SPO ADVISORY PARTNERS LP
10% Owner
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
Transactions
- Sale
Common Stock
2012-02-13$15.57/sh−16,800,000$261,576,000→ 77,472,508 total(indirect: See footnotes)
Footnotes (5)
- [F1]The entities and individuals directly selling these shares reported in this filing are SPO Partners II, L.P. ("SPO Partners"), which sold 15,261,300, SPO Partners II Co-Investment Partnership, L.P. ("SPO Co-Invest"), which sold 916,100 shares, San Francisco Partners, L.P. ("SF Partners"), which sold 583,500 shares, John H. Scully ("JHS"), who sold 1,100 shares, William E. Oberndorf ("WEO"), who sold 6,200 shares, Edward H. McDermott ("EHM"), who sold 1,200 shares and Phoebe Snow Foundation ("PSF"), which sold 30,600 shares. The price for the sales on 2/13/12, reported in Line 1 above, was $15.57
- [F2]As a result of the sales causing this filing 70,541,012 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, and EHM, the three controlling persons of SPO Corp. Additionally, as a result of the sales causing this filing, 4,234,400 shares are owned directly by 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, and EHM, the three controlling persons of SPO Corp.
- [F3]Additionally, as a result of the sales causing this filing, 2,697,096 shares are owned directly by 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 EHM, the three controlling persons of SPO Corp. Additionally, as a result of the sales causing this filing, JHS owns 5,000 shares in his IRAs, which are self-directed, WEO owns 28,700 shares in his IRA, which is self-directed, EHM owns 5,600 shares in his IRA, which is self-directed and PSF owns 141,500 shares.
- [F4]Additionally, 5,451 restricted stock units are owned by WEO, 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 common stock and 23,802 restricted stock units are owned by JSR, a director of the Issuer.
Issuer
CALPINE CORP
CIK 0000916457
Entity typeother
Related Parties
1- filerCIK 0001202553
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 5:48 PM ET
- Size
- 20.4 KB