California Resources Corp 4
4 · California Resources Corp · Filed May 31, 2017
Insider Transaction Report
Form 4
Barnes Robert A.
Exec. VP - N. Operations
Transactions
- Tax Payment
Common Stock
2017-05-26$11.85/sh−3,426$40,598→ 72,829 total - Disposition to Issuer
Common Stock
2017-05-26$11.85/sh−625$7,406→ 1,675.424 total(indirect: By Spouse) - Exercise/Conversion
Common Stock
2017-05-26+625→ 2,300.424 total(indirect: By Spouse) - Exercise/Conversion
Phantom Stock Unit
2017-05-26−625→ 1,250 total(indirect: By Spouse)From: 2017-05-26Exp: 2017-05-26→ Common Stock (625 underlying)
Footnotes (2)
- [F1]Relates to a previously reported grant of Restricted Stock Units pursuant to California Resources Corporation's (CRC) Long-Term Incentive Plan.
- [F2]Each share of Phantom Stock (PS) was the economic equivalent of one share of CRC's common stock. The PS was part of a Phantom Stock Unit granted May 27, 2016, which vests in three (3) equal annual installments on May 26, 2017, 2018 and 2019, subject to a minimum payment equal to $8.00 per unit and a maximum payment equal to $32.00 per unit.