Filing Details
- Accession Number:
- 0001609253-14-000019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-08 20:02:23
- Reporting Period:
- 2014-12-04
- Filing Date:
- 2014-12-08
- Accepted Time:
- 2014-12-08 20:02:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1609253 | California Resources Corp | CRC | Crude Petroleum & Natural Gas (1311) | 465670947 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1622068 | S. Michael Helm | 10889 Wilshire Blvd. Los Angeles CA 90024 | Vice President And Controller | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-12-04 | 63,924 | $0.00 | 67,775 | No | 4 | J | Direct | |
Common Stock | Acquisiton | 2014-12-05 | 5,500 | $6.75 | 73,275 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2014-12-04 | 50,506 | $0.00 | 50,506 | $8.11 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
50,506 | 2017-11-30 | 2021-11-30 | No | 4 | A | Direct |
Footnotes
- Amount reflect Occidental restricted stock awards that were converted into CRC restricted stock awards effective November 30, 2014 as a result of the spin-off of CRC from Occidental that remain subject to the original time-based vesting schedules, as follows: (i) 16,479 shares will vest in two equal installments on July 21, 2015 and July 21, 2016; (ii) 17,769 shares will vest on December 31, 2016 and (iii) 29,723 shares will vest on July 8, 2017. Occidental restricted stock awards converted into CRC restricted stock awards based on the volume weighted average per share prices of Occidental and CRC common stock on the four-day trading periods ended November 28, 2014, and December 4, 2014, respectively, and certain other performance assumptions set forth in to Employee Matters Agreement between Occidental and CRC dated November 25, 2014.
- Stock options vest in three annual installments beginning on November 30, 2017.