L. Richard Flury - Apr 26, 2023 Form 4 Insider Report for Callon Petroleum Co (CPE)

Signature
/s/ L. Richard Flury, by Lucas A. Fried, as Attorney-in-Fact
Stock symbol
CPE
Transactions as of
Apr 26, 2023
Transactions value $
$0
Form type
4
Date filed
4/28/2023, 04:17 PM
Previous filing
May 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPE Common Stock Options Exercise $0 +3.06K +16.45% $0.00 21.6K Apr 26, 2023 Direct F1
holding CPE Common Stock 3K Apr 26, 2023 Joint Tenant with Spouse

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 Options Exercise -3.06K -100% 0 Apr 26, 2023 Common Stock 3.06K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

L. Richard Flury is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 On May 25, 2022, the reporting person was granted 3,055 RSUs that vested 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 ofShareholders. The Company's 2023 Annual Meeting of Shareholders was held on April 26, 2023.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney