SEC Form 4 · accession 0001140361-17-000404
CALPINE CORP · CPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W. Thaddeus Miller
Officer — EVP, Chief Legal Officer & Sec
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 4:32 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 | Dec 31, 2016 | F | 26,404 | $11.43 | D | 364,948 | D | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 40,462 | I | As trustee for Son | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 40,462 | I | As trustee for Son | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 26,967 | I | As trustee for Son | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 17,345 | I | By GRAT | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 17,097 | I | By GRAT | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 5,808 | I | By GRAT | |
| Common Stock, par value $0.001 per share | holding | — | — | — | 2,636 | I | By GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by the 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 Saturday, December 31, 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 of the Company common stock on Friday, December 30, 2016, representing the closing price per share on the next immediately preceding day on which the New York Stock Exchange was open for trading preceding the Saturday, December 31, 2016 vesting date, as provided under the Equity Plan.