SEC Form 4 · accession 0000916457-17-000070
CALPINE CORP · CPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise M Oleary
Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000916457
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | May 10, 2017 | A | 8,410 | $0.00 | A | 59,683 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents award of restricted stock units granted to the reporting person prior to the 2017 annual meeting of shareholders of Calpine Corporation pursuant to Calpine Corporation's Amended and Restated 2008 Equity Incentive Plan. The award vests on the earlier to occur of (i) the first anniversary of the grant date or (ii) the day immediately preceding the date of the 2018 annual meeting of shareholders. The vested shares will be issued and delivered to the reporting person on the earliest to occur of (i) the reporting person's elected distribution date, (ii) the consummation of a change in control, or (iii) upon termination of service on the board of directors. Each restricted stock unit represents a contingent right to receive one share of Calpine Corporation common stock. The restricted stock units are settled solely in common stock.