SEC Form 4 · accession 0001140361-16-055510
CALPINE CORP · CPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zamir Rauf
Officer — EVP, Chief Financial Officer
Period of report
Feb 26, 2016
Accepted (ET)
Feb 29, 2016 · 4:25 pm EST
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,F2 | Feb 26, 2016 | F | 5,465 | $12.37 | D | 187,053 | D | |
| Common Stock, par value $0.001 per shareF3,F4 | Feb 28, 2016 | F | 2,851 | $12.37 | D | 184,202 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by Calpine Corporation (the " Company") at the reporting person's request, as permitted under the Company's Amended and Restated 2008 Equity Incentive Plan (the "Equity Plan"), to satisfy the reporting person's tax withholding obligation in connection with the vesting on Friday, February 26, 2016 of certain shares of restricted stock previously awarded to the reporting person. There was no open market sale of shares by the reporting person.
- F2Closing market price per share of the Company common stock on the transaction date.
- F3Represents shares withheld by the Company at the reporting person's request, as permitted under the Company's Equity Plan, to satisfy the reporting person's tax withholding obligation in connection with the vesting on Sunday, February 28, 2016 of certain shares of restricted stock previously awarded to the reporting person. There was no open market sale of shares by the reporting person.
- F4Closing market price per share of the Company common stock on Friday, February 26, 2016, the first day on which the New York Stock Exchange was open for trading immediately preceding the Sunday, February 28, 2016 vesting date, as provided under the Equity Plan.