0001609253-23-000052.txt : 20230502
0001609253-23-000052.hdr.sgml : 20230502
20230502170930
ACCESSION NUMBER: 0001609253-23-000052
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230428
FILED AS OF DATE: 20230502
DATE AS OF CHANGE: 20230502
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McFarland Mark Allen
CENTRAL INDEX KEY: 0001720720
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36478
FILM NUMBER: 23880336
MAIL ADDRESS:
STREET 1: 7550 WISCONSIN AVENUE, 9TH FLOOR
CITY: BETHESDA
STATE: MD
ZIP: 20814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: California Resources Corp
CENTRAL INDEX KEY: 0001609253
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 465670947
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 WORLD TRADE CENTER
STREET 2: SUITE 1500
CITY: LONG BEACH
STATE: CA
ZIP: 90831
BUSINESS PHONE: 8888484754
MAIL ADDRESS:
STREET 1: 1 WORLD TRADE CENTER
STREET 2: SUITE 1500
CITY: LONG BEACH
STATE: CA
ZIP: 90831
4
1
wf-form4_168306175499614.xml
FORM 4
X0407
4
2023-04-28
0
0001609253
California Resources Corp
CRC
0001720720
McFarland Mark Allen
1 WORLD TRADE CENTER, SUITE 1500
LONG BEACH
CA
90831
1
0
0
0
0
Common Stock
2023-04-28
4
A
0
5029
0
A
315028
D
Common Stock
2023-04-28
4
D
0
85253
0
D
229775
D
Common Stock
2023-04-28
4
M
0
324954
A
554729
D
Common Stock
2023-04-28
4
F
0
14471
40.50
D
540258
D
Performance Stock Units
2023-04-28
4
M
0
324954
D
Common Stock
324954.0
0
D
Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest on April 28, 2024 and, subject to certain exceptions, will be settled in shares of Common Stock on the date that is six months and one day following the Reporting Person's separation from service.
Includes 250 shares acquired under the California Resources Corporation Employee Stock Purchase Plan on March 31, 2023.
Represents the forfeiture of RSUs due to the Reporting Persons's voluntary termination on April 28, 2023.
Represents vesting of performance share units ("PSUs") originally granted on March 22, 2021, which vested in connection with the Reporting Person's voluntary termination on April 28, 2023. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the initial three-year performance period.
Represents shares cancelled for payment of taxes on units vested due to the Reporting Person's voluntary termination on April 28, 2023.
/s/ Ulrik Damborg, Attorney-in-Fact for Mark Allen McFarland
2023-05-02