4//SEC Filing
CALPINE CORP 4
Accession 0001181431-13-048825
CIK 0000916457operating
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 7:35 PM ET
Size
7.0 KB
Accession
0001181431-13-048825
Insider Transaction Report
Form 4
CALPINE CORPCPN
RYAN J. STUART
Director
Transactions
- Sale
Common Stock
2013-09-10$18.92/sh−10,979,900$207,739,708→ 32,101,660 total(indirect: See Footnotes)
Footnotes (4)
- [F1]Represents shares sold by SPO Partners II, L.P. ("SPO Partners"), which sold 9,997,600 shares, SPO Partners II Co-Investment Partnership, L.P. ("SPO Co-Invest"), which sold 600,100 shares, and San Francisco Partners, L.P. ("SF Partners"), which sold 382,200 shares. The price for the sales on 9/10/13, reported in Line 1 above, was $18.92. These shares may have been deemed to be indirectly beneficially owned by J. Stuart Ryan ("JSR") and his investment vehicle, Rydout LLC ("Rydout"), solely in his advisory capacity to SPO Corp., with respect to investments by SPO Partners, SF Partners, and SPO Co-Invest in securities of Calpine Corporation.
- [F2]5,029 shares of common stock and 38,623 restricted stock units are owned by JSR. Additionally, 29,189,712 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"), Edward H. McDermott ("EHM") and Eli J. Weinberg ("EJW"), the three controlling persons of SPO Corp. Additionally, 1,116,096 shares of the Issuer's common stock 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, EHM and EJW, the three controlling persons of SPO Corp.
- [F3]Additionally, 1,752,200 shares of the Issuer's common stock 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, EHM and EJW, the three controlling persons of SPO Corp.
- [F4]Additionally, these shares may be deemed to be indirectly beneficially owned by JSR and his investment vehicle, Rydout, solely in his advisory capacity to SPO Corp., with respect to investments by SPO Partners, SF Partners, and SPO Co-Invest in securities of Calpine Corporation.
Documents
Issuer
CALPINE CORP
CIK 0000916457
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916457
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 7:35 PM ET
- Size
- 7.0 KB