Goldentree Asset Management Lp - Oct 5, 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
Stock symbol
CRC
Transactions as of
Oct 5, 2021
Transactions value $
-$4,131,500
Form type
4
Date filed
10/7/2021, 06:20 PM
Previous filing
Oct 6, 2021
Next filing
Oct 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Sale -$1.03M -25K -0.24% $41.30 10.2M Oct 5, 2021 See footnotes F1, F2, F3
transaction CRC Common Stock Sale -$3.1M -75K -0.73% $41.32 10.1M Oct 5, 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.