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California Resources Corp — Director's Dealing 2016
Jun 1, 2016
31099_dirs_2016-06-01_90492260-8a00-4684-9c53-9b8f2094012c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2016-05-27
Reporting Person: Preston Michael L. (EVP, GC and Corp. Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-27 | Common Stock | A | 196875 | — | Acquired | 300575.831 | Direct |
Footnotes
F1: On May 31, 2016, CRC conducted a 1 for 10 reverse stock split. Share amounts reported on this Form 4 do not reflect that split.
F2: Grant of Restricted Stock Units (RSUs) pursuant to California Resources Corporation's Long-Term Incentive Plan.
F3: The RSUs will vest in three (3) equal annual installments on May 26, 2017, 2018 and 2019.
F4: Includes 1.831 shares distributed on March 24, 2016 as a dividend from Occidental Petroleum Corporation and 4,897 aggregate shares acquired pursuant to CRC's 2014 Employee Stock Purchase Plan on September 30, 2015 and March 31, 2016.