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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2008-03-05 Option Award |
2008-03-07 5:38 pm | CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (Chief Acct.Off./SVP/Controller) | 5,700 | $0 | $0 | 48,200 (Direct) | View |
| 2008-02-06 Option Award |
2008-02-06 7:36 pm | CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (SVP and CAO) | 42,500 | $0 | $0 | 42,500 (Direct) |
View |
| 2008-01-31 Other |
2008-02-04 5:21 pm |
CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (CAO, SVP & Controller) | 27,666 | $0 | $0 | 0 (Direct) |
View |
| 2005-03-08 Option Award |
2005-03-10 8:55 pm | CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (Sr VP and Corporate Controller) | 51,687 | $0 | $0 | 76,953 (Direct) |
View |
| Transaction & Date |
Reported Date | Exercisable Expiration | Company | Symbol | Insider Relationship |
Shares Traded |
Conversion Price | Shares Ownership |
Filing |
| 2008-03-05 Option Award |
2008-03-07 5:38 pm | 2009-01-31 2018-03-05 |
CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (Chief Acct.Off./SVP/Controller) | 25,200 | $18.38 | 52,200 (Direct) | View |
| 2008-01-31 Other | 2008-02-04 5:21 pm |
2008-01-31 2008-08-25 | CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (CAO, SVP & Controller) | 2,799 | $23.88 | 2,799 (Direct) | View |
| 2008-01-31 Option Award | 2008-02-04 5:21 pm | 2010-07-31 2018-01-31 | CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (CAO, SVP & Controller) | 27,000 | $16.9 | 27,000 (Direct) | View |
| 2005-03-08 Option Award | 2005-03-10 8:55 pm | 2006-03-08 2012-03-08 |
CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (Sr VP and Corporate Controller) | 125,000 | $3.32 | 125,000 (Direct) |
View |
| 2004-02-25 Option Award | 2004-02-27 1:48 pm | 2005-02-25 2014-02-25 | CALPINE CORP | CPN | CLARK CHARLES BRANCH JR (Senior Vice President,) | 72,000 | $5.56 | 72,000 (Direct) |
View |
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