California Resources Corp — Director's Dealing 2019

Feb 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2019-02-19

Reporting Person: Preston Michael L. (EVP, GC and Corp. Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-19	Restricted Stock Unit	$	A	19807	Acquired		Common Stock (19807.0)	Direct
2019-02-19	Employee Stock Option (Right to Buy)	$23.88	A	8302	Acquired	2026-02-18	Common Stock (8302.0)	Direct

Footnotes

F1: Grant of Restricted Stock Units (RSUs) pursuant to the California Resources Corporation Long-Term Incentive Plan. Upon vesting, the RSUs will be settled 50% in shares of common stock and 50% in cash.

F2: The RSUs vest in three equal annual installments beginning February 18, 2020.

F3: The options vest in three equal annual installments beginning February 18, 2020.