SEC Form 4 · accession 0000928022-18-000054
CALLON PETROLEUM CO · CPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Finch
Director
Period of report
May 10, 2018
Accepted (ET)
May 14, 2018 · 8:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000928022
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 10, 2018 | M | 3,707 | — | A | 17,797 | D | |
| Common StockF1 | May 12, 2018 | M | 4,110 | — | A | 21,907 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 RSU - StockF2,F1 | — | May 10, 2018 | A | 11,652 | A | May 10, 2019 | May 10, 2019 | Common Stock | 11,652 | 11,652 | D |
| 2017 RSU - StockF3,F1,F4 | — | May 10, 2018 | M | 3,707 | D | — | — | Common Stock | 3,707 | 7,413 | D |
| 2016 RSU - StockF3,F1,F5 | — | May 12, 2018 | M | 4,110 | D | — | — | Common Stock | 4,110 | 4,109 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The award terms specify one-year cliff vesting with all units/shares vesting on the first anniversary date following the award date.
- F3These units/shares are subject to three-year ratable vesting with one-third vesting on each anniversary date following the grant date.
- F4On May 10, 2017, the reporting person was granted 11,120 restricted stock units with one-third vesting on each anniversary date following the grant date.
- F5On May 12, 2016, the reporting person was granted 12,329 restricted stock units with one-third vesting on each anniversary date following the grant date.