4//SEC Filing
Gould Christopher D. 4
Accession 0001609253-21-000095
CIK 0001609253other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 5:34 PM ET
Size
7.5 KB
Accession
0001609253-21-000095
Insider Transaction Report
Form 4
Gould Christopher D.
EVP & Chief Sustainability Off
Transactions
- Award
Performance Stock Units
2021-06-14+38,580→ 38,580 total→ Common Stock (38,580 underlying) - Award
Common Stock
2021-06-14+38,580→ 38,580 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in two equal installments on each of June 14, 2022 and 2023 and, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following the second anniversary of the grant date.
- [F2]Represents the target number of performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Common Stock. The actual number of PSUs that vest and become earned is based on the volume-weighted average price of a share of Common Stock as determined over any 60 consecutive trading days during the two-year performance period, and, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following the end of the two-year performance period.
Documents
Issuer
California Resources Corp
CIK 0001609253
Entity typeother
Related Parties
1- filerCIK 0001866661
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 5:34 PM ET
- Size
- 7.5 KB