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Filing Details

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	2015-11-30	2021-11-30	No	4	A	Direct

Footnotes

Amount reflects 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 option will vest in three equal annual installments beginning on November 30, 2015. The original Form 4, filed December 8, 2014, inadvertently indicated a 2017 initial vesting date, which is corrected in this amendment. The remainder of the original Form 4 remains unchanged.