X0306 4 2017-02-14 0 0000928022 CALLON PETROLEUM CO cpe 0001642875 WEANT JERRY A 200 NORTH CANAL STREET NATCHEZ MS 39120 0 1 0 0 Vice President of Land Common Stock 2017-02-14 4 S 0 4000 14.45 D 0 I Family Limited Partnership Common Stock 3669 I 401(k) Account Common Stock 54216 D The number of shares indirectly held by the reporting person in the Employer Stock Fund in the Callon Petroleum Company Employee Savings and Protection Plan is reported on this Form 4 for the purpose of disclosing beneficial ownership. The number of shares reported are indirectly held within the reporting person's 401(k) account and are invested in the Employer Stock Fund in the Callon Petroleum Company Employee Savings and Protection Plan. The number of shares reported is calculated by dividing the total market value of the reporting person's 401(k) account balance invested in the Employer Stock Fund on the date of the most recent transaction reported on this Form 4 by the closing market price-per-share on that date. The number of shares directly held by the reporting person is reported on this Form 4 for the purpose of disclosing beneficial ownership. Clay V. Bland as Attorney-in-fact 2017-02-15