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