4//SEC Filing
CALPINE CORP 4
Accession 0001181431-08-008141
CIK 0000916457operating
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 9:24 PM ET
Size
7.7 KB
Accession
0001181431-08-008141
Insider Transaction Report
Form 4
CALPINE CORPCPN
RYAN J. STUART
Director
Transactions
- Award
Common Stock
2008-02-06+5,029→ 64,079,722 total(indirect: See footnotes)
Footnotes (4)
- [F1]Award of restricted stock pursuant to the Issuer's 2008 Director Incentive Plan. The award vests and becomes nonforfeitable on the first anniversary date of the grant date.
- [F2]Upon the emergence of bankruptcy, as a result of the conversion of debt instruments to common stock, 60,866,427 shares are owned directly by SPO Partners II, L.P. ("SPO Partners"), and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), William E. Oberndorf ("WEO") and WJP, the three controlling persons of SPO Corp. 3,203,237 shares are owned directly by San Francisco Partners II, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, WEO and WJP, the three controlling persons of SPO Corp. These share numbers are estimated pending actual distribution to SPO Partners and SF Partners.
- [F3]Additionally, 5,029 of the total shares are restricted stock awarded to WJP in his capacity as a director of the Issuer. Pursuant to the Partnership Agreement governing SPO Partners, they may be deemed to be beneficially owned by SPO Partners, together with any profits arising therefrom.
- [F4]Additionally, these shares may be deemed to be indirectly beneficially owned by Stuart J. Ryan ("SJR") and his investment vehicle, Rydout LLC ("Rydout"), solely in his advisory capacity to SPO Corp., with respect to investments by SPO Partners and SF Partners in securities of Calpine Corp.
Documents
Issuer
CALPINE CORP
CIK 0000916457
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000916457
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 9:24 PM ET
- Size
- 7.7 KB