Preston Michael L. 4
4 · California Resources Corp · Filed Jan 29, 2024
Insider Transaction Report
Form 4
Preston Michael L.
EVP, Chf Strategy Officer & GC
Transactions
- Exercise/Conversion
Common Stock
2024-01-25+83,124→ 200,706 total - Exercise/Conversion
Performance Stock Units
2024-01-25−83,124→ 0 total→ Common Stock (83,124 underlying) - Tax Payment
Common Stock
2024-01-25$51.53/sh−44,799$2,308,492→ 155,907 total - Tax Payment
Common Stock
2024-01-25$51.53/sh−42,017$2,165,136→ 113,890 total
Footnotes (3)
- [F1]Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.
- [F2]Represents shares cancelled for payment of taxes on vested PSUs.
- [F3]Represents shares cancelled for payment of taxes on vested restricted stock units.