Filing Details
- Accession Number:
- 0000928022-20-000043
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-12 17:33:19
- Reporting Period:
- 2020-03-10
- Accepted Time:
- 2020-03-12 17:33:19
- 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 |
|---|---|---|---|---|---|---|---|
| 1008023 | A Steven Webster | 2000 W. Sam Houston Pkwy. S. Suite 2000 Houston TX 77042 | 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 | Acquisiton | 2020-03-10 | 200,000 | $0.51 | 1,093,750 | No | 4 | P | Indirect | by San Felipe Resources Company |
| Common Stock | Acquisiton | 2020-03-11 | 300,000 | $0.48 | 1,393,750 | No | 4 | P | Indirect | by San Felipe Resources Company |
| Common Stock | Acquisiton | 2020-03-12 | 100,000 | $0.52 | 1,493,750 | No | 4 | P | Indirect | by San Felipe Resources Company |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | by San Felipe Resources Company |
| No | 4 | P | Indirect | by San Felipe Resources Company |
| No | 4 | P | Indirect | by San Felipe Resources Company |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 5,344,924 | Direct | |
| Common Stock | 645,000 | Indirect | by wife |
| Common Stock | 893,750 | Indirect | by San Felipe Resources Company |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock Units | $0.00 | 4,866 | 4,866 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 4,866 | 4,866 | Direct |
Footnotes
- Shares owned by San Felipe Resources Company, a partnership in which the reporting person has a 100% pecuniary interest in which the reporting person and his spouse are the general partners.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4905 to $0.5250, inclusive. The reporting person undertakes to provide to Callon Petroleum Company ("CPE"), any security holder of CPE, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes 2, 3 and 4 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4674 to $0.4853, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.512 to $0.5228, inclusive.
- The reporting person elected to defer his 2019 director retainer pursuant to CPE's Deferred Compensation Plan for Outside Directors (the "Plan"). Under the Plan, all deferrals are converted to CPE Phantom Stock Units. Each Phantom Stock Unit is the economic equivalent of one share of CPE Common Stock.
- The number of Phantom Stock Units issued is the amount of cash compensation deferred divided by the closing price of CPE common stock on the grant date, which was $4.11 on January 13, 2020.
- Each Phantom Stock Unit is the economic equivalent of one share of CPE Common Stock.
- The Phantom Stock Units will be paid upon the reporting person's retirement from CPE's Board of Directors pursuant to the Plan. The reporting person has elected to have his Phantom Stock Units distributed in cash.
Billionaire Hedge Funds
