Michael L. Preston - Mar 22, 2022 Form 4 Insider Report for California Resources Corp (CRC)

Role
EVP, Chief Admin Officer & GC
Signature
/s/ Ulrik Damborg, Attorney-in-Fact for Michael L. Preston
Stock symbol
CRC
Transactions as of
Mar 22, 2022
Transactions value $
-$50,789
Form type
4
Date filed
3/24/2022, 04:24 PM
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Tax liability -$50.8K -1.14K -1.37% $44.63 82K Mar 22, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs vested on January 25, 2022. Each RSU represents a contingent right to receive one share of common stock of the Issuer. These RSUs, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following January 25, 2024.