California Resources Corp — Director's Dealing 2015

Aug 7, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2015-08-05

Reporting Person: Stevens Todd A. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-05	Common Stock	A	357143	—	Acquired	389780	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-05	2015 Stock Option	$4.2	A	666667	Acquired	2022-08-04	Common Stock (666667.0)	Direct

Footnotes

F1: Grant of Restricted Stock Units (RSUs) under California Resources Corporation's (CRC) Long-Term Incentive Plan.

F2: The RSUs will vest in three (3) equal annual installments beginning on August 4, 2016.

F3: Includes 2,347shares acquired under CRC's Employee Stock Purchase Plan on March 31, 2015 and June 30, 2015.

F4: The Stock Options will vest in three (3) equal annual installments beginning on August 4, 2016.