GOLDENTREE ASSET MANAGEMENT LP - 18 May 2021 Form 4 Insider Report for California Resources Corp (CRC)

Role
10%+ Owner
Signature
GoldenTree Asset Management LP, By: GoldenTree Asset Management LLC, its General Partner, /s/ Steven A. Tananbaum
Issuer symbol
CRC
Transactions as of
18 May 2021
Net transactions value
-$31,766,429
Form type
4
Filing time
20 May 2021, 20:36:02 UTC
Previous filing
17 May 2021
Next filing
25 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Sale $5,680,000 -200,000 -1% $28.40 18,885,152 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $374,637 -13,159 -0.07% $28.47 18,871,993 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $1,718,774 -60,118 -0.32% $28.59 18,811,875 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $3,692,824 -128,625 -0.68% $28.71 18,683,250 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $259,115 -8,935 -0.05% $29.00 18,674,315 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $5,383,817 -185,457 -0.99% $29.03 18,488,858 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $3,634 -125 -0% $29.07 18,488,733 18 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $5,998,790 -208,581 -1.1% $28.76 18,280,152 19 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $2,490,145 -84,555 -0.46% $29.45 18,195,597 20 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $739,830 -25,062 -0.14% $29.52 18,170,535 20 May 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale $5,424,865 -186,871 -1% $29.03 17,983,664 20 May 2021 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed on behalf of GoldenTree Asset Management LP (the "Advisor"), GoldenTree Asset Management LLC (the "General Partner") and Steven A. Tananbaum (collectively, the "Reporting Persons"). The Advisor is the investment manager or advisor to certain funds and separate accounts managed by the Advisor (the "Funds") and may be deemed to have a pecuniary interest in the securities directly held by the Funds. The General Partner is the general partner of the Advisor and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor has a pecuniary interest. Steven A. Tananbaum is the managing member of the General Partner and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor and the General Partner have a pecuniary interest.
F2 The Advisor, the General Partner, and Mr. Tananbaum disclaim beneficial ownership of the Common Stock held by the Funds.
F3 Common Stock held directly by certain funds and separate accounts managed by the Advisor.