0001140361-14-021957.txt : 20140516
0001140361-14-021957.hdr.sgml : 20140516
20140516164436
ACCESSION NUMBER: 0001140361-14-021957
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140514
FILED AS OF DATE: 20140516
DATE AS OF CHANGE: 20140516
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CALPINE CORP
CENTRAL INDEX KEY: 0000916457
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
IRS NUMBER: 770212977
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 717 TEXAS AVENUE
STREET 2: SUITE 1000
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 7138302000
MAIL ADDRESS:
STREET 1: 717 TEXAS AVENUE
STREET 2: SUITE 1000
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MERRITT DAVID C
CENTRAL INDEX KEY: 0001254013
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12079
FILM NUMBER: 14852084
MAIL ADDRESS:
STREET 1: CHARTER COMMUNICATIONS INC
STREET 2: 12405 POWERSCOURT DRIVE
CITY: ST LOUIS
STATE: MO
ZIP: 63131
4
1
doc1.xml
FORM 4
X0306
4
2014-05-14
0
0000916457
CALPINE CORP
CPN
0001254013
MERRITT DAVID C
C/O CALPINE CORPORATION
717 TEXAS AVENUE, STE. 1000
HOUSTON
TX
77002
1
0
0
0
Common Stock, par value $0.001 per share
2014-05-14
4
A
0
4452
0.00
A
30827
D
Common Stock, par value $0.001 per share
2014-05-15
4
S
0
10000
22.3942
D
20827
D
Common Stock, par value $0.001 per share
10000
I
By David C. Merritt Defined Benefit Plan & Trust
Represents award of restricted stock units pursuant to Calpine Corporation's Amended and Restated 2008 Director Incentive Plan. The awards vest on the earlier to occur of (i) the first anniversary of the grant date or (ii) the day immediately preceding the date of the 2015 annual meeting of stockholders. The vested shares will be issued and delivered to the reporting person on the earliest to occur of (i) the reporting person's elected distribution date, (ii) the consummation of a change in control, or (iii) upon termination of service on the board of directors. Each restricted stock unit represents a contingent right to receive one share of Calpine Corporation common stock. The restricted stock units are settled solely in common stock.
As an Internal Revenue Service regulation prohibits a transfer of shares from the reporting person's personal account directly into his pension fund account, the reporting person elected to effect the transfer by purchasing shares in the open market for deposit in his pension fund account and subsequently selling the same number of shares into the open market from his personal account. Therefore, as previously reported, on August 19, 2013 the reporting person purchased 10,000 shares in the open market for deposit into his pension fund account to hold as a long-term investment. The reporting person is hereby reporting a sale of the same number of shares from his personal account effective May 15, 2014.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. 1,500 shares were sold at $22.37 per share, 100 shares were sold at $22.3725 per share, 200 shares were sold at $22.375 per share, 3,500 shares were sold at $22.38 per share, 100 shares were sold at $22.39 per share, 200 shares were sold at $22.395 per share, 1,000 shares were sold at $22.40 per share, 1,500 shares were sold at $22.41 per share, 600 shares were sold at $22.42 per share, 1,100 shares were sold at $22.43 per share, and 200 shares were sold at $22.435 per share.
/s/ W. Thaddeus Miller, as Attorney-in-Fact
2014-05-16