0000928022-13-000012.txt : 20130103
0000928022-13-000012.hdr.sgml : 20130103
20130103181543
ACCESSION NUMBER: 0000928022-13-000012
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130103
DATE AS OF CHANGE: 20130103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WEATHERLY B F
CENTRAL INDEX KEY: 0001191296
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14039
FILM NUMBER: 13508810
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
wf-form4_135725493048309.xml
FORM 4
X0306
4
2012-12-31
0
0000928022
CALLON PETROLEUM CO
CPE
0001191296
WEATHERLY B F
200 NORTH CANAL STREET
NATCHEZ
MS
39120
1
1
0
0
Executive Vice President/ CFO
Common Stock
2012-12-31
4
M
0
75000
A
115872
D
Common Stock
2012-12-31
4
D
0
75000
4.59
D
40872
D
Common Stock
39948
I
401(k) Account
Common Stock
66526
I
Jt. Ten. with Spouse
Common Stock
2288
I
IRA Account
2010 Phantom Shares
2012-12-31
4
M
0
50000
D
2012-12-31
2012-12-31
Common Stock
50000.0
0
D
The terms of this Phantom Share award specify payment in cash rather than stock, and included a provision providing for a variable percentage payout (ranging from 0% to 150%) based on a performance criteria related to the Total Shareholder Return of the Company compared to a group of peer companies. On December 31, 2012, the reporting person's 2010 Phantom Shares held vested at the 150% level, or the equivalent of 75,000 shares of common stock of Callon Petroleum Company. The amount payable was based on the economic value of one share of Callon Petroleum Company common stock, calculated as the average of the opening and closing price on the vesting date (or $4.59 on December 31, 2012).
The number of shares reported are held within the individual's 401(k) account and are invested in the Callon Petroleum Company Employee Savings and Protection Plan. The number of shares reported is calculated by dividing the total market value of the reporting person's 401(k) account balance invested in the Callon Petroleum Company Employee Savings and Protection Plan on the day prior to this Form 4 reporting date by the closing market price-per-share on that date.
Clay V. Bland as Attorney-in-fact
2013-01-03