CALPINE CORP 4
4 · CALPINE CORP · Filed May 26, 2005
Insider Transaction Report
Form 4
CALPINE CORPCPN
STATHAKIS GEORGE JAMES
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-05-25+25,000→ 25,000 totalExercise: $2.64From: 2005-05-25Exp: 2015-05-25→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]Grant to reporting person of exempt Rule 16b-3 option under the Discretionary Stock Option Program of the Issuer's 1996 Stock Incentive Plan. The option is immediately exercisable for all of the option shares. The option shares will, however, vest upon completion of one (1) year of continued service as a member of the Issuer's Board of Directors measured from the grant date.