EX-4.1


 Exhibit 4.1 
 10.00% Series A Cumulative Preferred Stock 
 (par value $.01 per share)

 (liquidation preference $50.00 per share) 
 OF 
 CALLON PETROLEUM COMPANY 

[FORM OF FACE OF SECURITY] 
 CALLON PETROLEUM COMPANY, a Delaware corporation (the “Corporation”), hereby certifies that American Stock Transfer & Trust Company, LLC (the “Holder”) is the registered owner
of ONE MILLION FIVE HUNDRED SEVENTY EIGHT THOUSAND NINE HUNDRED FORTY EIGHT (1,578,948) fully paid and non-assessable shares of preferred stock of the Corporation designated the 10.00% Series A Cumulative Preferred Stock, par value $.01 per
share, with a liquidation preference of $50.00 per share (the “Series A Preferred Stock”). The shares of Series A Preferred Stock are transferable on the books and records of American Stock Transfer & Trust Company, LLC, as
transfer agent and registrar, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer. The designation, rights, privileges, restrictions, preferences and other terms and provisions
of the Series A Preferred Stock represented hereby are issued and shall in all respects be subject to the provisions of the Certificate of Designation of the 10.00% Series A Cumulative Preferred Stock of the Corporation, dated May [23], 2013 (the
“Certificate of Designation”). Capitalized terms used herein but not defined shall have the respective meanings given them in the Certificate of Designation. The Corporation will provide a copy of the Certificate of Designation to a Holder
without charge upon written request to the Corporation at its principal place of business. 
 Reference is hereby made to select provisions of
the Series A Preferred Stock set forth on the reverse hereof, and to the Certificate of Designation, which select provisions and the Certificate of Designation shall for all purposes have the same effect as if set forth at this place. 

Upon receipt of this certificate, the Holder is bound by the Certificate of Designation and is entitled to the benefits thereunder. 

Unless the Transfer Agent’s Certificate of Authentication hereon has been properly executed, the shares of Series A Preferred Stock evidenced hereby
shall not be entitled to any benefit under the Certificate of Designation or be valid or obligatory for any purpose. 






 IN WITNESS WHEREOF, Callon Petroleum Company has executed this certificate as of the date
set forth below. 
 Dated: May __, 2013 
  

	
	  
	Fred L. Callon
	Chief Executive Officer
	
	  
	Bobby F. Weatherly
	Executive Vice President and Chief Financial Officer








 TRANSFER AGENT’S CERTIFICATE OF AUTHENTICATION 

This is one of the certificates representing shares of Series A Preferred Stock referred to in the within mentioned Certificate of Designation.

 Dated: May ___, 2013 
  

			
	AMERICAN STOCK TRANSFER &
TRUST COMPANY, LLC as Transfer
Agent
		
	By:	 	 


 
			
	 Name:
	 	
	 Title:
	 	








 [FORM OF REVERSE OF SECURITY] 

CALLON PETROLEUM COMPANY 
 10.00% Series A Cumulative Preferred Stock 
 Dividends on each share of Series A Preferred
Stock shall be payable in cash at a rate per annum set forth as provided in the Certificate of Designation. 
 The shares of Series A Preferred
Stock shall not be redeemable by the Corporation and the shares of Series A Preferred Stock shall not be convertible into the Corporation’s common stock except in the manner and according to the terms set forth in the Certificate of
Designation.