CALLON PETROLEUM CO 4
4 · CALLON PETROLEUM CO · Filed Jul 17, 2006
Insider Transaction Report
Form 4
SCHWAGER THOMAS E
Vice-President, Engineering
Transactions
- Exercise/Conversion
2004 Performance Shares
2006-07-14$17.61/sh−3,500$61,635→ 10,500 totalExercise: $13.71From: 2005-05-05Exp: 2014-07-14→ Common Stock (3,500 underlying) - Tax Payment
Common Stock
2006-07-14$17.61/sh−1,101$19,389→ 4,050 total - Exercise/Conversion
Common Stock
2006-07-14$17.61/sh+3,500$61,635→ 5,151 total
Holdings
- 327(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Performance Stock awarded July 14, 2004. These shares vest in five equal annual installments beginning on July 14, 2005.
- [F2]Shares withheld by issuer to pay federal and state withholding taxes.
- [F3]The number of shares reported is calculated by dividing the total market value of the reporting person's account balance within the Callon Petroleum Company Employee Savings and Protection Plan (401(k) Plan) on the day prior to this Form 4 reporting date by the closing market price per share on that day.