Home/Filings/4/0001181431-12-032126
4//SEC Filing

SCULLY JOHN H 4

Accession 0001181431-12-032126

CIK 0000916457other

Filed

May 22, 8:00 PM ET

Accepted

May 23, 7:02 PM ET

Size

19.9 KB

Accession

0001181431-12-032126

Insider Transaction Report

Form 4
Period: 2012-05-22
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
SCULLY JOHN H
10% Owner
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Transactions
  • Sale

    Common Stock

    2012-05-22$16.83/sh18,500,000$311,355,00059,008,708 total(indirect: See footnotes)
Footnotes (4)
  • [F1]The entities and individuals directly selling these shares reported in this filing are SPO Partners II, L.P. ("SPO Partners"), which sold 16,811,800 shares, SPO Partners II Co-Investment Partnership, L.P. ("SPO Co-Invest"), which sold 1,009,200 shares, San Francisco Partners, L.P. ("SF Partners"), which sold 642,800 shares, John H. Scully ("JHS"), who sold 1,200 shares, Edward H. McDermott ("EHM"), who sold 1,300 shares and Phoebe Snow Foundation ("PSF"), which sold 33,700 shares. The price for the sales on 5/22/12, reported in Line 1 above, was $16.83.
  • [F2]As a result of the sales causing this filing 53,729,212 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 and EHM, the two controlling persons of SPO Corp. Additionally, as a result of the sales causing this filing, 3,225,200 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 and EHM, the two controlling persons of SPO Corp.
  • [F3]Additionally, as a result of the sales causing this filing, 2,054,296 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 and EHM, the two controlling persons of SPO Corp. Additionally, as a result of the sales causing this filing, JHS owns 3,800 shares in his IRAs, which are self-directed, EHM owns 4,300 shares in his IRA, which is self-directed and PSF owns 107,800 shares.
  • [F4]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 31,838 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
May 22, 8:00 PM ET
Accepted
May 23, 7:02 PM ET
Size
19.9 KB