Weiss Charles F. 4
4 · California Resources Corp · Filed Feb 22, 2019
Insider Transaction Report
Form 4
Weiss Charles F.
Exec. VP - Public Affairs
Transactions
- Exercise/Conversion
Common Stock
2019-02-20+7,998→ 78,616 total - Tax Payment
Common Stock
2019-02-20$22.18/sh−767$17,012→ 74,650 total - Disposition to Issuer
Common Stock
2019-02-20$22.18/sh−3,199$70,954→ 75,417 total - Exercise/Conversion
Restricted Stock Unit
2019-02-20−7,998→ 15,994 total→ Common Stock (7,998 underlying)
Holdings
- 2,076(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Reflects the vesting of one-third of 23,992 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, 3,199 of the reporting person's RSUs were settled for cash, and the remaining 4,799 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.