0000928022-14-000006.txt : 20140103 0000928022-14-000006.hdr.sgml : 20140103 20140103125608 ACCESSION NUMBER: 0000928022-14-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131231 FILED AS OF DATE: 20140103 DATE AS OF CHANGE: 20140103 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 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: 14504432 MAIL ADDRESS: STREET 1: 200 N CANAL ST CITY: NATCHEZ STATE: MS ZIP: 39120 4 1 wf-form4_138877175772301.xml FORM 4 X0306 4 2013-12-31 0 0000928022 CALLON PETROLEUM CO CPE 0001098339 CALLON FRED L 200 NORTH CANAL STREET NATCHEZ MS 39120 1 1 0 0 Chairman, President, CEO Common Stock 2013-12-31 4 M 0 55000 A 282304 D Common Stock 2013-12-31 4 D 0 55000 6.53 D 227304 D Common Stock 53113 I 401(k) Account Common Stock 25215 I By Custodian For Child Common Stock 24904 I Spouse 2011 Phantom Shares 2013-12-31 4 M 0 55000 D 2013-12-31 2013-12-31 Common Stock 55000.0 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, 2013, the reporting person's 2011 Phantom Shares held vested at the 100% level, or the equivalent of 55,000 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 $6.53 on December 31, 2013). 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. Clay V. Bland as Attorney-in-fact 2014-01-03