Joseph C. Gatto Jr. - 26 Apr 2023 Form 4 Insider Report for Callon Petroleum Co

Signature
/s/ Joseph C. Gatto, Jr. by Lucas A. Fried, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
26 Apr 2023
Net transactions value
$0
Form type
4
Filing time
28 Apr 2023, 16:22:27 UTC
Previous filing
04 Apr 2023
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPE Common Stock 134,323 26 Apr 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 Market Stock Units Award +100,000 100,000 26 Apr 2023 Common Stock 100,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 26, 2023, the reporting person was granted 100,000 Market Stock Units with a vesting date of April 30, 2026. This Market Stock Unit award is subject to performance-based vesting criteria related to the Company's absolute total shareholder return for the period from May 1, 2023, to April 30, 2026. The number of Market Stock Units subject to vest under this award ranges from 0% to 150%.
F2 Each Market Stock Unit is the economic equivalent of one share of the Company's Common Stock.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney