Smith Marshall D 4
4 · California Resources Corp · Filed Feb 20, 2020
Insider Transaction Report
Form 4
Smith Marshall D
Senior Exec. VP and CFO
Transactions
- Award
Employee Stock Option (Right to Buy)
2020-02-18+60,423→ 60,423 totalExercise: $6.82Exp: 2027-02-17→ Common Stock (60,423 underlying) - Exercise/Conversion
Common Stock
2020-02-18+12,284→ 123,988 total - Disposition to Issuer
Common Stock
2020-02-18$6.20/sh−6,142$38,080→ 117,846 total - Exercise/Conversion
Restricted Stock Unit
2020-02-18−12,284→ 24,566 total→ Common Stock (12,284 underlying) - Award
Restricted Stock Unit
2020-02-18+129,033→ 129,033 total→ Common Stock (129,033 underlying)
Footnotes (5)
- [F1]Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019.
- [F2]One-third of the RSUs vested on February 18, 2020; the remaining RSUs vest in two equal annual installments beginning February 18, 2021.
- [F3]Grant of Restricted Stock Units (RSUs) pursuant to the California Resources Corporation Long-Term Incentive Plan. Upon vesting, the RSUs will be settled 50% in shares of common stock and 50% in cash.
- [F4]The RSUs vest in three equal annual installments beginning February 17, 2021.
- [F5]The options vest in three equal annual installments beginning February 17, 2021.