California Resources Corp — Director's Dealing 2014

Nov 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2014-11-13

Reporting Person: Smith Marshall D (Senior Exec. VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-13	Common Stock	P	15000	$8.40	Acquired	15000	Direct

Footnotes

F1: Reflects the Reporting Person's open market purchase (including purchase price) of shares of California Resources Corporation's common stock on a "when issued" basis following (and taking into account) the contemplated spin-off of California Resources Corporation by Occidental Petroleum Corporation currently scheduled to occur on or about November 30, 2014.

F2: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.00 to $8.60, inclusive. The reporting person undertakes to provide to California Resources Corporation, any security holder of California Resources Corporation, 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.