James E. Craddock - Mar 5, 2024 Form 4 Insider Report for Callon Petroleum Co (CPE)

Role
Director
Signature
/s/ James E. Craddock, by Lucas A. Fried, as Attorney-in-Fact
Stock symbol
CPE
Transactions as of
Mar 5, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 04:15 PM
Previous filing
Jul 5, 2023
Next filing
Apr 1, 2024

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 2024 RSU - Stock Award +5.23K 5.23K Mar 5, 2024 Common Stock 5.23K 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 5, 2024, the reporting person was granted 5,230 Restricted Stock Units ("RSUs"). The RSUs will vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the date of the Company's 2025 Annual Meeting of Shareholders. The reporting person elected that upon vesting these RSUs convert into Phantom Stock Units pursuant to the Deferred Compensation Plan for Outside Directors.
F2 RSUs convert into Phantom Stock Units on a one-for-one basis, and each Phantom Stock Unit is the economic equivalent of one share of common stock.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney