| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CPE | Common Stock | Options Exercise | $0 | +3.21K | +37.9% | $0.00 | 11.7K | Dec 31, 2021 | Direct | F1 |
| transaction | CPE | Common Stock | Disposed to Issuer | -$157K | -3.21K | -27.48% | $49.04 | 8.47K | Dec 31, 2021 | Direct | |
| transaction | CPE | Common Stock | Options Exercise | $0 | +3.21K | +37.9% | $0.00 | 11.7K | Dec 31, 2021 | Direct | F2 |
| transaction | CPE | Common Stock | Tax liability | -$59.5K | -1.26K | -10.78% | $47.25 | 10.4K | Dec 31, 2021 | Direct | F3 |
| transaction | CPE | Common Stock | Options Exercise | $0 | +3K | +28.8% | $0.00 | 13.4K | Jan 1, 2022 | Direct | F4 |
| transaction | CPE | Common Stock | Tax liability | -$63.3K | -1.34K | -9.99% | $47.25 | 12.1K | Jan 1, 2022 | Direct | F5, F6 |
| holding | CPE | Common Stock | 13 | Dec 31, 2021 | 401(k) Shares |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CPE | 2019 Performance Units - 50% Stock/50% Cash | Options Exercise | -3.21K | -100% | 0 | Dec 31, 2021 | Common Stock | 3.21K | Direct | F1, F7, F8 | |||
| transaction | CPE | 2019 Performance Units - 50% Stock/50% Cash | Options Exercise | -3.21K | -100% | 0 | Dec 31, 2021 | Common Stock | 3.21K | Direct | F2, F7, F9 | |||
| transaction | CPE | 2019 RSU - Stock (Inducement Award) | Options Exercise | -3K | -100% | 0 | Jan 1, 2022 | Common Stock | 3K | Direct | F10, F11 |
| Id | Content |
|---|---|
| F1 | Per the terms of the applicable award agreement, each Performance Unit paid in cash is valued at the average of the 20-day closing price of one share of Callon Petroleum Company's common stock as of the vesting date. |
| F2 | Each Performance Unit paid in stock is the equivalent of one share of Callon Petroleum Company's common stock. |
| F3 | Payment of tax liability by withholding common stock incident to vesting of Performance Unit award issued in accordance with Rule 16b-3. |
| F4 | Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis. |
| F5 | Payment of tax liability by withholding common stock incident to vesting of RSU award issued in accordance with Rule 16b-3. |
| F6 | Each RSU is the economic equivalent of one share of Callon Petroleum Company's common stock at its closing price on the vesting date, or the preceding business day's closing price if the vesting date shouldfall on a weekend or holiday. |
| F7 | This Performance Unit award was 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 ranged from 0% to 200%. On the vesting date, this Performance Unit award vested at the 50% level. |
| F8 | The terms of this Performance Unit Award specify payment in cash. |
| F9 | The terms of this Performance Unit Award specify payment in stock. |
| F10 | The RSU award is subject to three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche vested on January 1, 2020. The second tranche vested on January 1, 2021. The third and final tranche vested on January 1, 2022. |
| F11 | Each RSU is the economic equivalent of one share of Callon Petroleum Company's common stock. |
Exhibit List: Exhibit 24 - Power of Attorney