Form 4 for CRC California Resources Corp
Accepted 2023-05-02 00:00:00 ET · period of report 2023-04-28 · accession 0001609253-23-000052 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-02 | 2023-04-28 | CRC | McFarland Mark Allen | Dir | F - Tax | $40.50 | -14.5K | 540.3K | -3% | -$586.1K |
| D | 2023-05-02 | 2023-04-28 | CRC | McFarland Mark Allen | Dir | M - OptEx | — | +325.0K | 554.7K | +141% | — |
| D | 2023-05-02 | 2023-04-28 | CRC | McFarland Mark Allen | Dir | D - Sale to Iss | $0.00 | -85.3K | 229.8K | -27% | $0 |
| D | 2023-05-02 | 2023-04-28 | CRC | McFarland Mark Allen | Dir | A - Grant | $0.00 | +5,029 | 315.0K | +2% | $0 |
| D | 2023-05-02 | 2023-04-28 | CRC | McFarland Mark Allen | Dir | M - OptEx | — | -325.0K | 0 | -100% | — |
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 | 2023-04-28 | F | D | 14,471 | $40.50 | 540,258 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-28 | M | A | 324,954 | — | 554,729 | D | — | — | (F4) Represents vesting of performance share units ("PSUs") originally granted on March 22, 2021, which vested in connection with the Reporting Person's voluntary termination on April 28, 2023. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the initial three-year performance period. |
| 3 | Common | Common Stock | 2023-04-28 | D | D | 85,253 | $0.00 | 229,775 | D | — | — | |
| 4 | Common | Common Stock | 2023-04-28 | A | A | 5,029 | $0.00 | 315,028 | D | — | — | (F2) Includes 250 shares acquired under the California Resources Corporation Employee Stock Purchase Plan on March 31, 2023. |
| 5 | Derivative | Performance Stock Units | 2023-04-28 | M | D | 324,954 | — | 0 | D | — · — to — | 324,954 Common Stock | (F4) Represents vesting of performance share units ("PSUs") originally granted on March 22, 2021, which vested in connection with the Reporting Person's voluntary termination on April 28, 2023. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the initial three-year performance period. |