California Resources Corp — Director's Dealing 2017

May 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2017-05-11

Reporting Person: Gannon Justin A. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-11	Common Stock	A	11128	—	Acquired	23577	Direct
2017-05-11	Common Stock	P	2000	$13.5998	Acquired	25577	Direct

Footnotes

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

F2: The RSUs will vest, in their entirety, on May 11, 2018.

F3: Includes the liquidation of a small residual interest in shares of Common Stock previously distributed in the spin-off of CRC resulting from a transfer between brokerage accounts.