Home/Filings/4/0001609253-20-000033
4//SEC Filing

Kerns Shawn M. 4

Accession 0001609253-20-000033

CIK 0001609253other

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 8:57 PM ET

Size

12.8 KB

Accession

0001609253-20-000033

Insider Transaction Report

Form 4
Period: 2020-02-18
Kerns Shawn M.
Exec. VP - Corp. Development
Transactions
  • Exercise/Conversion

    Common Stock

    2020-02-18+7,21862,215.12 total
  • Disposition to Issuer

    Common Stock

    2020-02-18$6.20/sh3,609$22,37658,606.12 total
  • Exercise/Conversion

    Restricted Stock Unit

    2020-02-187,21814,432 total
    Common Stock (7,218 underlying)
  • Award

    Restricted Stock Unit

    2020-02-18+75,80775,807 total
    Common Stock (75,807 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2020-02-18+35,49935,499 total
    Exercise: $6.82Exp: 2027-02-17Common Stock (35,499 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.

Issuer

California Resources Corp

CIK 0001609253

Entity typeother

Related Parties

1
  • filerCIK 0001621969

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 8:57 PM ET
Size
12.8 KB