Frances A. Sevilla-Sacasa - May 25, 2022 Form 4 Insider Report for Callon Petroleum Co (CPE)

Role
Director
Signature
/s/ Frances A. Sevilla-Sacasa, by Leisa Munoz, as Attorney-in-Fact
Stock symbol
CPE
Transactions as of
May 25, 2022
Transactions value $
$0
Form type
4
Date filed
5/26/2022, 08:56 PM
Previous filing
May 16, 2022
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPE Common Stock 2.35K May 25, 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 +3.06K 3.06K May 25, 2022 Common Stock 3.06K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 25, 2022, the reporting person was granted 3,055 Restricted Stock Units ("RSUs"). The RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the date of the Company's 2023 Annual Meeting of Shareholders. The reporting person elected that upon vesting these RSUs convert into Phantom Stock Units pursuant to the Deferred Compensation Plan for Outside Directors.
F2 RSUs convert into common stock on a one-for-one basis.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney