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

Role
Senior VP and COO
Signature
/s/ Russell E. Parker, by Lucas A. Fried, as Attorney-in-Fact
Stock symbol
CPE
Transactions as of
Jun 28, 2023
Transactions value $
$0
Form type
4
Date filed
6/29/2023, 05:28 PM
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPE Common Stock 8.51K Jun 28, 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 +24.4K 24.4K Jun 28, 2023 Common Stock 24.4K Direct F1, F2
transaction CPE 2023 RSU - Stock (Retention Award) Award +30.3K 30.3K Jun 28, 2023 Common Stock 30.3K 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