Russell E. Parker - 28 Jun 2023 Form 4 Insider Report for Callon Petroleum Co

Signature
/s/ Russell E. Parker, by Lucas A. Fried, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
28 Jun 2023
Net transactions value
$0
Form type
4
Filing time
29 Jun 2023, 17:28:51 UTC
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPE Common Stock 8,509 28 Jun 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 +24,409 24,409 28 Jun 2023 Common Stock 24,409 Direct F1, F2
transaction CPE 2023 RSU - Stock (Retention Award) Award +30,318 30,318 28 Jun 2023 Common Stock 30,318 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award was granted to Mr. Parker on June 28, 2023, when he joined Callon Petroleum Company as Senior Vice President and Chief Operating Officer. The award is subject to three-year ratable vesting with one-third of the restricted stock units ("RSUs") vesting annually. 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 RSUs convert into common stock on a one-for-one basis.
F3 This award was granted to Mr. Parker on June 28, 2023, when he joined Callon Petroleum Company as Senior Vice President and Chief Operating Officer. The RSUs cliff vest in full on July 1, 2026.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney