Filing Details

Accession Number:
0000928022-13-000109
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-07-02 15:57:10
Reporting Period:
2013-06-05
Filing Date:
2013-07-02
Accepted Time:
2013-07-02 15:57:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
928022 Callon Petroleum Co CPE Crude Petroleum & Natural Gas (1311) 640844345
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1546647 Jr. C. Joseph Gatto 200 North Canal Street
Natchez MS 39120
Senior Vp - Corporate Finance No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-07-01 33,333 $3.45 33,333 No 4 M Direct
Common Stock Disposition 2013-07-01 9,117 $3.45 24,216 No 4 F Direct
Preferred Stock - Series A Acquisiton 2013-06-05 1,500 $46.74 1,500 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 2012 Resrticted Stock Units - Stock Disposition 2013-07-01 33,333 $3.45 33,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
66,667 2015-07-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,338 Indirect 401(k) Account
Footnotes
  1. The number of shares reported are held within the individual's 401(k) account, the Callon Petroleum Company Employee Savings and Protection Plan, and are invested in the "Callon Petroleum Company Er Stock" fund. The number of shares reported is calculated by dividing the total market value of this fund on the day prior to this Form 4 reporting date by the closing market price-per-share on that date. Based on this calculation, between 4/4/2013 and 7/1/2013, the reporting person acquired 934 shares of common stock of Callon petroleum Company under the 401(k) plan.
  2. These units/shares are subject to 3-year ratable vesting with one-third vesting on each anniversary date beginning 07/01/2013.
  3. The value of each vested unit will be equal to the closing price of the company's common stock on the vesting date.