Michael L. Preston - 23 Feb 2023 Form 4 Insider Report for California Resources Corp (CRC)

Role
EVP, Chf Strategy Officer & GC
Signature
/s/ Ulrik Damborg, Attorney-in-Fact for Michael L. Preston
Issuer symbol
CRC
Transactions as of
23 Feb 2023
Net transactions value
$0
Form type
4
Filing time
27 Feb 2023, 15:44:11 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 +22,112 +27% $0.000000 102,840 23 Feb 2023 Direct F1
transaction CRC Common Stock Award $0 +14,742 +14% $0.000000 117,582 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.