Jeffrey S. Balmer - Mar 9, 2022 Form 4 Insider Report for Callon Petroleum Co (CPE)

Role
Senior VP and COO
Signature
/s/ Jeffrey S. Balmer, by Leisa Munoz, Attorney-in-Fact
Stock symbol
CPE
Transactions as of
Mar 9, 2022
Transactions value $
$0
Form type
4
Date filed
3/11/2022, 03:28 PM
Previous filing
Jan 4, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPE Common Stock 13 Mar 9, 2022 401(k) Shares
holding CPE Common Stock 12.1K Mar 9, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPE 2022 RSU - Stock Award $0 +14.9K $0.00 14.9K Mar 9, 2022 Common Stock 14.9K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 9, 2022, the reporting person was granted 14,892 Restricted Stock Units with one-third vesting each year subsequent to the award year.
F2 Restricted Stock Units convert into Common Stock on a one-for-one basis.
F3 The award terms specify three-year ratable vesting with one-third vesting each year subsequent to the award year. The first tranche will vest on April 1, 2023. The second tranche will vest on April 1, 2024. The third and final tranche will vest on April 1, 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney