Filing Details

Accession Number:
0001609253-15-000007
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2015-01-29 19:15:59
Reporting Period:
2014-12-04
Filing Date:
2015-01-29
Accepted Time:
2015-01-29 19:15:59
Original Submission Date:
2014-12-04
SEC Url:
Form 4 Filing
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 58,470 $0.00 62,321 No 4 J Direct
Common Stock Acquisiton 2014-12-05 5,500 $0.00 67,821 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 P Direct
Footnotes
  1. Reflects Occidental restricted stock awards 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) 10,978 shares vest in two equal installments on July 21, 2015 and July 21, 2016; (ii) 17,769 shares vest on December 31, 2016 and (iii) 29,723 shares 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 the Employee Matters Agreement between Occidental and CRC dated November 25, 2014. The original Form 4 filed on December 4, 2014, inadvertently reported greater ownership of shares in subsection "(i)" of this footnote and Items 4 and 5 of this Form.