Weiss Charles F. 4
4 · California Resources Corp · Filed Feb 20, 2020
Insider Transaction Report
Form 4
Weiss Charles F.
Exec. VP - Public Affairs
Transactions
- Exercise/Conversion
Restricted Stock Unit
2020-02-18−7,064→ 14,125 total→ Common Stock (7,064 underlying) - Award
Restricted Stock Unit
2020-02-18+74,194→ 74,194 total→ Common Stock (74,194 underlying) - Award
Employee Stock Option (Right to Buy)
2020-02-18+34,744→ 34,744 totalExercise: $6.82Exp: 2027-02-17→ Common Stock (34,744 underlying) - Exercise/Conversion
Common Stock
2020-02-18+7,064→ 71,344 total - Disposition to Issuer
Common Stock
2020-02-18$6.20/sh−3,532$21,898→ 67,812 total
Holdings
- 2,376(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019.
- [F2]One-third of the RSUs vested on February 18, 2020; the remaining RSUs vest in two equal annual installments beginning February 18, 2021.
- [F3]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.
- [F4]The RSUs vest in three equal annual installments beginning February 17, 2021.
- [F5]The options vest in three equal annual installments beginning February 17, 2021.