Form 4 for CRC California Resources Corp
Accepted 2021-12-22 00:00:00 ET · period of report 2021-12-20 · accession 0000950142-21-004150 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-12-22 | 2021-12-20 | CRC | GOLDENTREE ASSET MANAGEMENT LP | 10% | P - Purchase | $38.70 | +6,900 | 9.55M | +0.1% | +$267.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-20 | P | A | 6,900 | $38.70 | 9,546,170 | I See footnotes | — | — | (F4) A profit of $642 calculated by matching this purchase with the sale of 6,900 shares of Common Stock on October 29, 2021 at a purchase price of $45.11 per share, will be disgorged to the issuer on or about December 30, 2021. Pursuant to Instruction 4(b)(iv) to Form 4, the Reporting Persons report on Form 4 the entire amount of securities acquired, disposed of, or beneficially owned by certain Funds instead of the Reporting Persons' indirect beneficial ownership thereinThe amount of profit calculated reflects Mr. Tananbaum's proportionate indirect pecuniary interest in the transactions. (F2) The Advisor, the General Partner, and Mr. Tananbaum disclaim beneficial ownership of the Common Stock held by the Funds. (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. (F3) Common Stock held directly by certain funds and separate accounts managed by the Advisor. |