Pineci Roy 4
4 · California Resources Corp · Filed Feb 20, 2020
Insider Transaction Report
Form 4
Pineci Roy
EVP - Finance
Transactions
- Disposition to Issuer
Common Stock
2020-02-18$6.20/sh−1,612$9,994→ 36,752.2 total - Exercise/Conversion
Restricted Stock Unit
2020-02-18−3,225→ 12,896 total→ Common Stock (3,225 underlying) - Award
Employee Stock Option (Right to Buy)
2020-02-18+31,723→ 31,723 totalExercise: $6.82Exp: 2027-02-17→ Common Stock (31,723 underlying) - Tax Payment
Common Stock
2020-02-18$6.20/sh−162$1,004→ 36,590.2 total - Award
Restricted Stock Unit
2020-02-18+67,742→ 67,742 total→ Common Stock (67,742 underlying) - Exercise/Conversion
Common Stock
2020-02-18+3,225→ 38,364.2 total
Footnotes (6)
- [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]3,225 RSUs were transferred in a transaction exempt from Section 16. The reporting person no longer reports those securities as beneficially owned.
- [F4]Grant of 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.
- [F5]The RSUs vest in three equal annual installments beginning February 17, 2021.
- [F6]The options vest in three equal annual installments beginning February 17, 2021.