0000905148-21-000245.txt : 20210225
0000905148-21-000245.hdr.sgml : 20210225
20210225161530
ACCESSION NUMBER: 0000905148-21-000245
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210223
FILED AS OF DATE: 20210225
DATE AS OF CHANGE: 20210225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kimmeridge Energy Management Company, LLC
CENTRAL INDEX KEY: 0001706220
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14039
FILM NUMBER: 21680517
BUSINESS ADDRESS:
STREET 1: 412 WEST 15TH STREET
STREET 2: 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10011
BUSINESS PHONE: 646-517-7252
MAIL ADDRESS:
STREET 1: 412 WEST 15TH STREET
STREET 2: 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10011
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Callon Petroleum Co
CENTRAL INDEX KEY: 0000928022
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 640844345
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2000 W SAM HOUSTON PARKWAY S
STREET 2: SUITE 2000
CITY: HOUSTON
STATE: TX
ZIP: 77042
BUSINESS PHONE: 2815895200
MAIL ADDRESS:
STREET 1: 2000 W SAM HOUSTON PARKWAY S
STREET 2: SUITE 2000
CITY: HOUSTON
STATE: TX
ZIP: 77042
FORMER COMPANY:
FORMER CONFORMED NAME: CALLON PETROLEUM CO
DATE OF NAME CHANGE: 19941004
FORMER COMPANY:
FORMER CONFORMED NAME: CALLON PETROLEUM HOLDING CO
DATE OF NAME CHANGE: 19940805
4
1
form4.xml
X0306
4
2021-02-23
0000928022
Callon Petroleum Co
CPE
0001706220
Kimmeridge Energy Management Company, LLC
412 WEST 15TH STREET
11TH FLOOR
NEW YORK
NY
10011
true
Common Stock
2021-02-23
4
X
0
7271741
5.5965
A
7271741
I
See Footnotes
Common Stock
2021-02-23
4
J
0
1686087
24.1364
D
5585654
I
See Footnotes
Series B Warrants
5.5965
2021-02-23
4
X
0
7271741
0
D
2025-12-30
Common Stock
7271741
0
I
See Footnotes
The securities to which this filing relates to are held directly by, and managed on behalf of, Chambers Investments, LLC. Kimmeridge Energy Management Company, LLC (the "Reporting Person"), a Delaware limited liability company, is the investment adviser to Chamber Investments, LLC. In such capacity, the Reporting Person exercises voting and investment control over the securities held by Chambers Investments, LLC. The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
The Series B warrants were net exercisable at any time, at the holder's election.
Because these Series B warrants were only exercisable on a net basis, the number of shares of the Issuer's common stock ("Shares") that the Reporting Person acquired upon exercise fluctuated based on the market price of the Shares.
On February 23, 2021, the Reporting Person exercised Series B warrants to purchase shares of the Issuer's common stock. The Reporting Person paid the exercise price by net share settlement resulting in the Issuer's withholding of 1,686,087 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 5,585,654 shares.
Kimmeridge Energy Management Company, LLC /s/ Benjamin Dell, Managing Member
2021-02-25