31 Oct 2024substantial holder notice● Neutral
Dimensional Fund Advisors LP reported no remaining Callon Petroleum Co shareholding in its periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 Apr 2024listing compliance notice▼ BadMajor
Callon Petroleum Co deregistered its securities, ending its obligation to file reports with the SEC.
5 Apr 2024substantial holder notice● Neutral
BlackRock, Inc reported a Callon Petroleum Co shareholding of 643,781 shares (1.00% of votes) in a periodic institutional filing.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co Vice President & CAO Gregory F Conaway disposed of 80,735 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co President and CEO Joseph C. Gatto Jr. disposed of 493,403 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director Matthew Regis Bob disposed of 28,427 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co Senior VP and COO Russell E. Parker disposed of 147,012 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director Barbara J Faulkenberry disposed of 25,239 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director Steven A Webster disposed of 850,159 shares via option/appreciation-right settlement.
1 Apr 2024securities registration● Neutral
Callon Petroleum Co amended its automatic shelf registration statement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director Anthony J Nocchiero disposed of 34,212 shares via option/appreciation-right settlement.
1 Apr 2024securities registration● Neutral
Callon Petroleum Co amended its automatic shelf registration statement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director James E Craddock disposed of 9,896 shares via option/appreciation-right settlement.
1 Apr 2024listing compliance notice● NeutralMajor
Callon Petroleum Co's exchange filed to remove a class of its securities from listing.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director Mary Shafer-malicki disposed of 14,174 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co SVP,Chief Sustain Officer & GC Michol L Ecklund disposed of 124,738 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co director Frances Aldrich Sevilla-sacasa disposed of 20,575 shares via option/appreciation-right settlement.
1 Apr 2024director interest notice● Neutral
Callon Petroleum Co Senior VP & CFO Kevin Haggard disposed of 139,884 shares via option/appreciation-right settlement.
1 Apr 2024securities registration● Neutral
Callon Petroleum Co amended an already-effective registration statement.
1 Apr 2024business combination● NeutralMajor
The APA merger closed on April 1, 2024. Each Callon share converted into 1.0425 APA shares (cash for fractions), and Callon is now a wholly owned APA subsidiary. Its NYSE listing was withdrawn, all directors and officers left their roles, and Callon plans to file a Form 15 to stop reporting. The revolver was terminated and repaid, the 2026 notes ($320.8 million) were redeemed at 101.063% of principal, and tenders were accepted for $641.7 million of 2028 notes and $584.4 million of 2030 notes. This ends the APA merger thread and shareholders' Callon stock.
15 Mar 2024business combination● Neutral
Callon disclosed that it has received thirteen shareholder demand letters (APA two) and that five lawsuits have been filed over the APA merger, alleging the proxy statement is missing information. Callon calls the claims without merit but added extra disclosures to the proxy, including a $13.0 million fee to adviser RBCCM ($2.5 million already paid) and details of the sale process, such as a rival bidder called Company D and APA's December 26, 2023 offer of 1.020 APA shares per Callon share. This resolves the open question on merger litigation: there are now suits, with no outcome or loss estimate given. Votes remain set for March 27, 2024.
11 Mar 2024substantial holder notice● Neutral
The Vanguard Group reported a Callon Petroleum Co shareholding of 6,766,114 shares (10.17% of votes) in a periodic institutional filing.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co director Barbara J Faulkenberry received a stock option grant for 5,230 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co Senior VP and COO Russell E. Parker received a stock option grant for 83,776 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co director Steven A Webster received a stock option grant for 5,230 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co director Anthony J Nocchiero received a stock option grant for 5,230 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co President and CEO Joseph C. Gatto Jr. received a stock option grant for 171,008 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co Senior VP & CFO Kevin Haggard received a stock option grant for 75,992 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co Vice President & CAO Gregory F Conaway received a stock option grant for 25,447 shares.
6 Mar 2024director interest notice● Neutral
Callon Petroleum Co director Frances Aldrich Sevilla-sacasa received a stock option grant for 5,230 shares.