0001654954-17-004785.txt : 20170515
0001654954-17-004785.hdr.sgml : 20170515
20170515180516
ACCESSION NUMBER: 0001654954-17-004785
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170511
FILED AS OF DATE: 20170515
DATE AS OF CHANGE: 20170515
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: 17846359
MAIL ADDRESS:
STREET 1: 200 N CANAL ST
CITY: NATCHEZ
STATE: MS
ZIP: 39120
4
1
section16.xml
PRIMARY DOCUMENT
X0306
4
2017-05-11
0000928022
CALLON PETROLEUM CO
CPE
0001098339
CALLON FRED L
200 N CANAL ST
NATCHEZ
MS
39120
true
true
Chariman and CEO
Common Stock
2017-05-14
2017-05-14
4
M
false
56052
0
A
493772
D
Common Stock
2017-05-14
2017-05-14
4
F
false
26317
12.45
D
467455
D
Common Stock
2017-05-14
2017-05-14
4
M
false
9892
A
477347
D
Common Stock
2017-05-14
2017-05-14
4
D
false
9892
12.45
D
467455
D
Common Stock
54043
I
401(k) Account
Common Stock
24904
I
By Spouse
Common Stock
25215
I
As Custodian for Child
2014 RSU - Stock
0
2017-05-14
4
M
false
56052
0
D
2017-05-14
2017-05-14
Common Stock
56052
0
D
2014 Phantom Units
2017-05-14
4
M
false
9892
D
2017-05-14
2017-05-14
Common Stock
9892
0
D
2017 RSU - Stock
0
2017-05-11
4
A
false
97278
0
A
2020-05-11
2020-05-11
Common Stock
97278
97278
D
2017 Performance Based Units - 50% Stock/50% Cash
2017-05-11
4
A
false
145920
0
A
2019-12-31
2019-12-31
Common Stock
145920
145920
D
The terms of this Phantom Unit award specify payments in cash rather than in common shares. The value of each vested unit is equal to the economic value of one share of Callon Petroleum Company common stock at its closing price on the vesting date.
The number of shares indirectly held by the reporting person are reported on this Form 4 for the purpose of disclosing beneficial ownership.
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 Employer Stock Fund on the date of the earliest transaction reported on this Form 4 by the closing market price-per-share on that date.
The award terms specify cliff vesting three years from the date of the award.
The award terms specify cliff vesting on December 31, 2019.
This Performance Based Unit award is subject to a variable number of units vesting based on a performance criteria related to the total shareholder return of the company compared to a group of peer companies. The number of units subject to vest under this award can range from 0% to as much as 200%. The award terms also specify that upon vesting 50% of the vested units will be payable in common shares and 50% will be payable in cash.
Each unit is the economic equivalent of one share of the company's common stock.
Clay V. Bland as Attorney-in-fact
2017-05-15