Francisco Leon - 23 Feb 2023 Form 4 Insider Report for California Resources Corp (CRC)

Role
EVP and CFO
Signature
/s/ Ulrik Damborg, Attorney-in-Fact for Francisco Leon
Issuer symbol
CRC
Transactions as of
23 Feb 2023
Net transactions value
$0
Form type
4
Filing time
27 Feb 2023, 15:43:46 UTC
Previous filing
27 Jan 2023
Next filing
29 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Award $0 +44,422 +55% $0.000000 125,001 23 Feb 2023 Direct F1
transaction CRC Common Stock Award $0 +29,615 +24% $0.000000 154,616 23 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in three equal installments on each of February 23, 2024, 2025 and 2026.
F2 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in two equal installments on each of February 23, 2024 and 2025.