James E. Craddock - 01 Apr 2024 Form 4 Insider Report for Callon Petroleum Co

Role: Director
Signature: /s/ James E. Craddock, by Lucas A. Fried, as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 01 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 01 Apr 2024, 16:25:49 UTC
Previous filing: 06 Mar 2024
Next filing: 03 Jul 2024
SEC: View on sec.gov

Key filing fact

James E. Craddock filed Form 4 for Callon Petroleum Co on 01 Apr 2024.

Key facts

This page summarizes James E. Craddock's Form 4 filing for Callon Petroleum Co.
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 01 Apr 2024, 16:25.

Change

Previous filing in this sequence was filed on 06 Mar 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

CPE transaction Derivative

Phantom Stock Units

Disposed to Issuer

Transaction value
Shares: -9,896
Change %: -100%
Price
Shares after: 0
Date: 01 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,896
Exercise price
Footnotes: F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James E. Craddock is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to the Agreement and Plan of Merger, dated as of January 3, 2024 (the "Merger Agreement"), by and between APA Corporation ("APA"), Astro Comet Merger Sub Corp., a wholly owned subsidiary of APA ("Merger Sub"), and Callon Petroleum Company (the "Company"), Merger Sub merged with and into the Company (the "Merger"), with the Company surviving and continuing as the surviving corporation in the Merger. Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each phantom stock unit immediately vested in full and converted into the right to receive an amount in cash determined in accordance with the terms of the Company stock plans and the applicable award agreement, payable by the surviving corporation no later than five business days following the Effective Time, less any required withholding.

Content

Pursuant to the Agreement and Plan of Merger, dated as of January 3, 2024 (the "Merger Agreement"), by and between APA Corporation ("APA"), Astro Comet Merger Sub Corp., a wholly owned subsidiary of APA ("Merger Sub"), and Callon Petroleum Company (the "Company"), Merger Sub merged with and into the Company (the "Merger"), with the Company surviving and continuing as the surviving corporation in the Merger. Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each phantom stock unit immediately vested in full and converted into the right to receive an amount in cash determined in accordance with the terms of the Company stock plans and the applicable award agreement, payable by the surviving corporation no later than five business days following the Effective Time, less any required withholding.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney