California Resources Corp — Director's Dealing 2014

Dec 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2014-11-30

Reporting Person: Albrecht William E (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-30	Common Stock, $0.01 par value	J	11988	—	Acquired	11988	Direct
2014-12-01	Common Stock, $0.01 par value	P	20000	$7.484	Acquired	31988	Direct

Footnotes

F1: On November 30, 2014, Occidental Petroleum Corporation ("Occidental") distributed to its stockholders 0.4 shares of California Resources Corporation ("CRC") common stock for every one share of Occidental common stock outstanding as of November 17, 2014, the record date for the distribution, in connection with the spin-off of CRC from Occidental. Amounts reflect shares of CRC common stock distributed in respect of Occidental common stock.

F2: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.455 to $7.500, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.