0000928022-14-000007.txt : 20140103
0000928022-14-000007.hdr.sgml : 20140103
20140103125622
ACCESSION NUMBER: 0000928022-14-000007
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: WEATHERLY B F
CENTRAL INDEX KEY: 0001191296
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14039
FILM NUMBER: 14504433
MAIL ADDRESS:
STREET 1: 200 N CANAL ST
CITY: NATCHEZ
STATE: MS
ZIP: 39120
4
1
wf-form4_138877177205719.xml
FORM 4
X0306
4
2013-12-31
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
2013-12-31
4
M
0
37500
A
135874
D
Common Stock
2013-12-31
4
D
0
37500
6.53
D
98374
D
Common Stock
51658
I
401(k) Account
Common Stock
66526
I
Jt. Ten. with Spouse
Common Stock
2288
I
IRA Account
Preferred Stock - Series A
250
D
2011 Phantom Shares
2013-12-31
4
M
0
37500
D
2013-12-31
2013-12-31
Common Stock
37500.0
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 37,500 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