4//SEC Filing
WILLIAM & SUSAN OBERNDORF TRUST 4
Accession 0001181431-12-021297
CIK 0000916457other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:36 PM ET
Size
11.8 KB
Accession
0001181431-12-021297
Insider Transaction Report
Form 4
CALPINE CORPCPN
OBERNDORF WILLIAM E
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 77,501,208 total(indirect: See Footnotes)
WILLIAM & SUSAN OBERNDORF TRUST
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 77,501,208 total(indirect: See Footnotes)
JOHN H SCULLY LIVING TRUST
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 77,501,208 total(indirect: See Footnotes)
Edward & Elizabeth McDermott Trust
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 77,501,208 total(indirect: See Footnotes)
Footnotes (3)
- [F1]On March 31, 2012, the John H. Scully Living Trust ("JHS Trust") and the Edward & Elizabeth McDermott Trust ("EHM Trust") purchased one-third of the outstanding shares of SPO Advisory Corp. ("SPO Corp.") previously owned by the William E. & Susan C. Oberndorf Trust. William E. Oberndorf ("WEO") left the SPO reporting group on March 31, 2012 and is no longer a controlling person of SPO Corp. Following the transaction which caused this filing, WEO beneficially owns 28,700 shares of the Issuer's common stock held in the WEO individual retirement account, which is self directed. These shares are no longer included in the SPO filing group. Additionally, 5,451 restricted stock units are owned by WEO, a director of the Issuer. Pursuant to the partnership agreement governing SPO Partners II, L.P. ("SPO Partners"), these shares may be deemed to be indirectly beneficially owned by SPO Partners together with any profits arising therefrom.
- [F2]Additionally, following the transaction which caused this filing, 70,541,012 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 Corp., the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS") and Edward H. McDermott ("EHM"), the two controlling persons of SPO Corp. Additionally, 4,234,400 shares of the Issuer's common stock 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 and EHM, the two controlling persons of SPO Corp.
- [F3]Additionally, following the transaction which caused this filing, 2,697,096 shares of the Issuer's common stock 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 and EHM, the two controlling persons of SPO Corp. Additionally, JHS beneficially owns 5,000 shares of the Issuer's common stock held in the JHS individual retirement accounts, which are self directed. Additionally, EHM beneficially owns 5,600 shares of the Issuer's common stock held in the EHM individual retirement account, which is self directed.
Documents
Issuer
CALPINE CORP
CIK 0000916457
Entity typeother
Related Parties
1- filerCIK 0001252467
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 7:36 PM ET
- Size
- 11.8 KB