California Resources Corp 4
4 · California Resources Corp · Filed Feb 15, 2017
Insider Transaction Report
Form 4
Barnes Robert A.
Exec. VP - N. Operations
Transactions
- Award
Common Stock
2017-02-13+33,228→ 74,038 total - Exercise/Conversion
Common Stock
2016-08-04+317→ 1,992.424 total(indirect: By Spouse) - Exercise/Conversion
Phantom Stock Unit
2016-08-04−317→ 636 total(indirect: By Spouse)From: 2016-08-04Exp: 2016-08-04→ Common Stock (317 underlying) - Award
Phantom Stock Unit
2017-02-13+1,649→ 1,649 total(indirect: By Spouse)Exp: 2020-02-12→ Common Stock (1,649 underlying) - Disposition to Issuer
Common Stock
2016-08-04$9.22/sh−317$2,923→ 1,675.424 total(indirect: By Spouse)
Footnotes (4)
- [F1]Grant of Restricted Stock Units (RSUs) pursuant to California Resources Corporation's (CRC) Long-Term Incentive Plan.
- [F2]The RSUs will vest in three (3) equal annual installments on February 12, 2018, 2019, and 2020.
- [F3]Each Phantom Stock Units (PSUs) was the economic equivalent of one share of CRC common stock. The reporting person's wife settled one-third of the PSU in cash at the scheduled vesting date.
- [F4]The newly granted PSUs will vest in three (3) equal installments on February 12, 2018, 2019 and 2020.