California Resources Corp·4

Feb 20, 8:56 PM ET

Stevens Todd A. 4

4 · California Resources Corp · Filed Feb 20, 2020

Insider Transaction Report

Form 4
Period: 2020-02-18
Stevens Todd A.
DirectorPresident and CEO
Transactions
  • Disposition to Issuer

    Common Stock

    2020-02-18$6.20/sh16,583$102,815259,716 total
  • Exercise/Conversion

    Common Stock

    2020-02-18+33,166276,299 total
  • Tax Payment

    Common Stock

    2020-02-18$6.20/sh880$5,456258,836 total
  • Exercise/Conversion

    Restricted Stock Unit

    2020-02-1833,16666,328 total
    Common Stock (33,166 underlying)
  • Award

    Restricted Stock Unit

    2020-02-18+348,388348,388 total
    Common Stock (348,388 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2020-02-18+163,142163,142 total
    Exercise: $6.82Exp: 2027-02-17Common Stock (163,142 underlying)
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.

Documents

1 file
  • 4
    wf-form4_158225019436926.xmlPrimary

    FORM 4