Home > Insider Trading > Filing (0001140361-15-018562)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
916457	Calpine Corp	CPN	Electric Services (4911)	770212977

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1254013	C David Merritt	C/O Calpine Corporation 717 Texas Avenue, Ste. 1000 Houston TX 77002		Yes	No	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, Par Value $0.001 Per Share	Disposition	2015-05-06	14,000	$20.40	15,783	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2015-05-07	14,000	$20.52	24,000	No	4	P	Indirect	By David C. Merritt Defined Benefit Plan & Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	P	Indirect	By David C. Merritt Defined Benefit Plan & Trust

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. 3,011 shares were sold at $20.36 per share, 489 shares were sold at $20.39 per share, 3,500 shares were sold at $20.40 per share, 3,500 shares were sold at $20.41 per share, 2,800 shares were sold at $20.44 per share and 700 shares were sold at $20.45 per share.
As an Internal Revenue Service regulation prohibits a transfer of shares from the reporting person's personal account directly into his pension fund account, the reporting person elected to effect the transfer by selling shares from his personal account and subsequently purchasing the same number of shares in the open market for deposit in his pension fund account to hold as a long-term investment. Reference Footnotes 3 and 4 below.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions. 3,400 shares were purchased at $20.515 per share, 3,482 shares were purchased at $20.519 per share, 2,418 shares were purchased at $20.52 per share, 4,300 shares were purchased at $20.526 per share, and 400 shares were purchased at $20.53 per share.
Represents shares purchased in an open market transaction by a trust established under a defined benefit plan in which the insider is the sole participant, the sole beneficiary, the sole trustee, and has sole investment control. Reference Footnotes 1 and 2 above.