Smith Marshall D 4
4 · California Resources Corp · Filed Feb 21, 2019
Insider Transaction Report
Form 4
Smith Marshall D
Senior Exec. VP and CFO
Transactions
- Award
Restricted Stock Unit
2019-02-19+36,850→ 36,850 total→ Common Stock (36,850 underlying) - Award
Employee Stock Option (Right to Buy)
2019-02-19+15,445→ 15,445 totalExercise: $23.88Exp: 2026-02-18→ Common Stock (15,445 underlying)
Footnotes (3)
- [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.