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California Resources Corp Director's Dealing 2021

Dec 15, 2021

31099_dirs_2021-12-15_2afb08b4-1076-445b-9191-810a8699987f.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: 2021-12-13

Reporting Person: GOLDENTREE ASSET MANAGEMENT LP (10% Owner)
Reporting Person: GoldenTree Asset Management LLC (10% Owner)
Reporting Person: Tananbaum Steven A. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-13 Common Stock S 9000 $44.04 Disposed 9540929 Indirect
2021-12-13 Common Stock S 1659 $44.52 Disposed 9539270 Indirect

Footnotes

F1: This Form 4 is filed on behalf of GoldenTree Asset Management LP (the "Advisor"), GoldenTree Asset Management LLC (the "General Partner") and Steven A. Tananbaum (collectively, the "Reporting Persons"). The Advisor is the investment manager or advisor to certain funds and separate accounts managed by the Advisor (the "Funds") and may be deemed to have a pecuniary interest in the securities directly held by the Funds. The General Partner is the general partner of the Advisor and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor has a pecuniary interest. Steven A. Tananbaum is the managing member of the General Partner and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor and the General Partner have a pecuniary interest.

F2: The Advisor, the General Partner, and Mr. Tananbaum disclaim beneficial ownership of the Common Stock held by the Funds.

F3: Common Stock held directly by certain funds and separate accounts managed by the Advisor.