Michael L. Preston - Feb 23, 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
Stock symbol
CRC
Transactions as of
Feb 23, 2023
Transactions value $
$0
Form type
4
Date filed
2/27/2023, 03:44 PM
Previous filing
Jan 27, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Award $0 +22.1K +27.39% $0.00 103K Feb 23, 2023 Direct F1
transaction CRC Common Stock Award $0 +14.7K +14.33% $0.00 118K Feb 23, 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.