Goldentree Asset Management Lp - Mar 25, 2022 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
Mar 25, 2022
Transactions value $
-$30,065,788
Form type
4
Date filed
3/29/2022, 04:53 PM
Previous filing
Mar 22, 2022
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Sale -$9.8M -197K -2.26% $49.67 8.52M Mar 25, 2022 See footnotes F1, F2, F3
transaction CRC Common Stock Sale -$9.94M -200K -2.35% $49.71 8.32M Mar 25, 2022 See footnotes F1, F2, F3
transaction CRC Common Stock Sale -$4.98M -100K -1.2% $49.78 8.22M Mar 25, 2022 See footnotes F1, F2, F3
transaction CRC Common Stock Sale -$2.1M -45K -0.55% $46.65 8.17M Mar 28, 2022 See footnotes F1, F2, F3
transaction CRC Common Stock Sale -$2.43M -50K -0.61% $48.50 8.12M Mar 28, 2022 See footnotes F1, F2, F3
transaction CRC Common Stock Sale -$820K -16.9K -0.21% $48.59 8.1M Mar 28, 2022 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.