Joseph C. Gatto Jr. - Mar 2, 2023 Form 4 Insider Report for Callon Petroleum Co (CPE)

Role
President and CEO, Director
Signature
/s/ Joseph C. Gatto, Jr. by Lucas A. Fried, as Attorney-in-Fact
Stock symbol
CPE
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 04:15 PM
Previous filing
Jan 4, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPE Common Stock 103K Mar 2, 2023 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 2023 RSU - Stock Award $0 +49.8K $0.00 49.8K Mar 2, 2023 Common Stock 49.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 2, 2023, the reporting person was granted 49,829 Restricted Stock Units with one-third ratable vesting each year subsequent to the award year. The first tranche will vest on April 15, 2024. The second tranche will vest on April 15, 2025. The third and final tranche will vest on April 15, 2026.
F2 Restricted Stock Units convert into Common Stock on a one-for-one basis.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney