SEC Form 4 · accession 0001140361-16-065194
CALPINE CORP · CPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack A Fusco
Director
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 4:13 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 11, 2016 | A | 6,653 | $0.00 | A | 989,861 | D | |
| Common Stock, par value $0.001 per shareF2,F3 | May 11, 2016 | F | 3,336 | $15.03 | D | 986,525 | D | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 500,000 | I | Fusco Energy Investment LLP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents award of restricted stock pursuant to Calpine Corporation's Amended and Restated 2008 Director 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 2017 annual meeting of stockholders.
- F2Represents 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 to satisfy the Reporting Person's tax withholding obligation in connection with the vesting on Wednesday, May 11, 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.
- F3Closing market price per share of the Company common stock on the transaction date.
Remarks
Exhibit 24.1 Power of Attorney