Pineci Roy 4
4 · California Resources Corp · Filed Feb 22, 2019
Insider Transaction Report
Form 4
Pineci Roy
EVP - Finance
Transactions
- Exercise/Conversion
Common Stock
2019-02-20+7,271→ 83,092.2 total - Exercise/Conversion
Restricted Stock Unit
2019-02-20−7,271→ 14,540 total→ Common Stock (7,271 underlying) - Disposition to Issuer
Common Stock
2019-02-20$22.18/sh−2,908$64,499→ 80,184.2 total - Tax Payment
Common Stock
2019-02-20$22.18/sh−921$20,428→ 79,263.2 total
Footnotes (2)
- [F1]Reflects the vesting of one-third of 21,811 Restricted Stock Units (RSUs) granted on February 21, 2018. Each RSU was the economic equivalent of one share of California Resources Corporation (CRC) common stock. On February 20, 2019, 2,908 of the reporting person's RSUs were settled for cash, and the remaining 4,363 were settled for an equal number of shares of CRC common stock.
- [F2]One-third of the RSUs vested on February 20, 2019; the remaining RSUs vest in two equal annual installments beginning February 20, 2020.