SEC Form 4/A · accession 0000928022-18-000090
CALLON PETROLEUM CO · CPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph C. Gatto Jr.
Officer — President and CEO · Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 2, 2018 · 6:30 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 Stock | Jul 1, 2018 | M | 40,050 | $0.00 | A | 204,502 | D | |
| Common StockF1 | Jul 1, 2018 | F | 15,760 | $10.74 | D | 188,742 | D | |
| Common Stock | holding | — | — | — | 21,648 | I | 401(k) Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 LTI AwardF2,F4,F3 | — | Jul 1, 2018 | M | 40,050 | D | Jul 1, 2018 | Jul 1, 2018 | Common Stock | 40,050 | 80,098 | D |
Explanation of responses
- F1Payment of tax liability by withholding Common Stock incident to vesting of Common Stock award issued in accordance with Rule 16b-3.
- F2The award terms specify three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche vested on July 1, 2018. The second tranche will vest on July 1, 2019. The third and final tranche will vest on July 1, 2020.
- F3Restricted stock units convert into common stock on a one-for-one basis.
- F4This amendment amends a Form 4 dated July 2, 2018 ("Form 4") which reported an incorrect number of derivative Securities Beneficially Owned Following Reported Transaction. This field should have been reported as 80,098 shares, rather than 40,050 shares. All other provisions in the original Form 4 remain unchanged.