Michol L. Ecklund - Mar 2, 2023 Form 4 Insider Report for Callon Petroleum Co (CPE)

Role: SVP,General Counsel & Corp Sec
Signature: /s/ Michol L. Ecklund
Stock symbol: CPE
Transactions as of: Mar 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/6/2023, 04:17 PM
Previous filing: Jan 4, 2023
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CPE	Common Stock						18.8K	Mar 2, 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	$0	+14.8K		$0.00	14.8K	Mar 2, 2023	Common Stock	14.8K		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 2, 2023, the reporting person was granted 14,820 Restricted Stock Units with one-third ratable vesting each year subsequent to the award year. 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	Restricted Stock Units convert into Common Stock on a one-for-one basis.