0000928022-12-000071.txt : 20120614 0000928022-12-000071.hdr.sgml : 20120614 20120614152644 ACCESSION NUMBER: 0000928022-12-000071 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120612 FILED AS OF DATE: 20120614 DATE AS OF CHANGE: 20120614 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CALLON FRED L CENTRAL INDEX KEY: 0001098339 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14039 FILM NUMBER: 12907462 MAIL ADDRESS: STREET 1: 200 N CANAL ST CITY: NATCHEZ STATE: MS ZIP: 39120 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CALLON PETROLEUM CO CENTRAL INDEX KEY: 0000928022 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 640844345 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 200 N CANAL ST CITY: NATCHEZ STATE: MS ZIP: 39120 BUSINESS PHONE: 6014421601 MAIL ADDRESS: STREET 1: 200 N CANAL ST CITY: NATCHEZ STATE: MS ZIP: 39120 FORMER COMPANY: FORMER CONFORMED NAME: CALLON PETROLEUM HOLDING CO DATE OF NAME CHANGE: 19940805 4 1 cal887.xml X0305 4 2012-06-12 0 0000928022 CALLON PETROLEUM CO CPE 0001098339 CALLON FRED L 200 NORTH CANAL STREET NATCHEZ MS 391203212 1 1 0 0 Chairman, President, CEO Common Stock 2012-06-12 4 J 0 19848 4.05 A 37400.00 I 401(k) Account Common Stock 84014.00 D Common Stock 25215.00 I By Custodian For Child Common Stock 24904.00 I Spouse 2009 Restricted Stock Units - Cash 1.63 Common Stock 100000.00 100000.00 D 2009 Restricted Stock Units - Stock 1.63 Common Stock 100000.00 100000.00 D 2010 Phantom Shares 4.95 2010-11-08 2012-12-31 Common Stock 62500.00 62500.00 D 2010 Restricted Stock Units - Cash 4.95 2010-11-08 2013-05-07 Common Stock 18750.00 18750.00 D 2010 Restricted Stock Units - Stock 4.95 2010-11-08 2013-05-07 Common Stock 106250.00 106250.00 D 2011 Phantom Shares 7.01 2012-05-12 2013-12-31 Common Stock 55000.00 55000.00 D 2011 Restricted Stock Units - Cash 7.01 2012-05-12 2014-05-12 Common Stock 16500.00 16500.00 D 2011 Restricted Stock Units - Stock 7.01 2012-05-12 2014-05-12 Common Stock 93500.00 93500.00 D 2012 Phantom Shares 5.09 2014-12-31 2014-12-31 Common Stock 177936.00 177936.00 D 2012 Restricted Stock Units - Cash 5.09 2015-05-08 2015-05-08 Common Stock 26690.00 26690.00 D 2012 Restricted Stock Units - Stock 5.09 2015-05-08 2015-05-01 Common Stock 151246.00 151246.00 D Stock Option (Right to Buy) 4.50 2003-01-13 2012-07-12 Common Stock 18750.00 18750.00 D Stock Option (Right to Buy) 3.70 2003-02-24 2012-08-23 Common Stock 12625.00 12625.00 D The shares were acquired as a result of the reporting person's election to invest in the common stock by liquidating other 401K investments previously owned. Restricted Stock Units will vest 100% on the third anniversary date following the grant date. Payment will be made in cash based on the average of the opening and closing market price of the underlying common stock of the issuer on the date of vesting. Restricted Stock Units will vest 100% on the third anniversary date following the grant date. Payment will be made in shares of common stock of the issuer based on the average of the opening and closing market price of the underlying common stock on the date of vesting. This Phantom Share award is subject to vesting on December 31, 2012 and is payable in cash rather than stock. In addition, the award is subject to a variable percentage payout based on a performance criteria related to the Total Shareholder Return of the Company compared to a group of peer companies. Therefore this award can range from 0% to as much as 150% of its original value at the vesting date. Restricted Stock Units will vest on the third anniversary date following the grant date. Payment will be made in cash based on the average of the opening and closing market price of the underlying common stock of the issuer on the date of vesting. Restricted Stock Units will vest on the third anniversary date following the grant date. Payment will be made in shares of common stock of the issuer based on the average of the opening and closing market price of the underlying common stock on the date of vesting. This Phantom Share award is subject to vesting on December 31, 2013 and is payable in cash rather than stock. In addition, the award is subject to a variable percentage payout based on a performance criteria related to the Total Shareholder Return of the Company compared to a group of peer companies. Therefore this award can range from 0% to as much as 150% of its original value at the vesting date. Restricted Stock Units will vest on the third anniversary date following the grant date. Payment will be made in cash based on the average of the opening and closing market price of the underlying common stock on the date of vesting. Restricted Stock Units will vest on the third anniversary date following the grant date. Payment will be made in shares of common stock of the issuer based on the average of the opening and closing market price of the underlying common stock on the date of vesting. This Phantom Share award is subject to vesting on December 31, 2014 and is payable in cash rather than stock. In addition, the award is subject to a variable percentage payout based on a performance criteria related to the Total Shareholder Return of the Company compared to a group of peer companies. Therefore this award can range from 0% to as much as 150% of its original value at the vesting date. By: Clay V. Bland as Attorney-in-fact for 2012-06-14 EX-24 2 pot_flc.htm POWER OF ATTORNEY Unassociated Document
POWER OF ATTORNEY

Know all by these presents, that the undersigned (the "Reporting Person") hereby constitutes and appoints Clay V. Bland as the Reporting Person's true and lawful attorney-in-fact to:

(1) execute for and on behalf of the Reporting Person, in the Reporting Person's capacity as an officer of Callon Petroleum Company (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

(2) do and perform and all acts for and on behalf of the Reporting Person which may be necessary or desirable to complete and execute any such Form 3, 4, or 5 and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, and in the best interest of, or legally required by, the Reporting Person.

The Reporting Person hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the Reporting Person might or could do if personally present, with full power of Substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by the virtue of this power of attorney and the rights and powers herein granted. The Reporting Person acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the Reporting Person, are not assuming, nor is the company assuming, any of the Reporting Persons responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

This Power of attorney shall remain in full force and effect until the Reporting Person is no longer required to file Forms 3, 4, and 5 with respect to the Reporting Person's holdings of and transactions in securities issued by the Company, unless earlier revoked by the Reporting Person in a signed writing delivered to the foregoing attorney-in-fact.


IN WITNESS WHEREOF, the Reporting Person has caused this Power of Attorney to be executed as of this 12th day of June, 2012.

 
/s/ Fred L. Callon
Fred L. Callon