0000950142-21-004150.txt : 20211222 0000950142-21-004150.hdr.sgml : 20211222 20211222170242 ACCESSION NUMBER: 0000950142-21-004150 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211220 FILED AS OF DATE: 20211222 DATE AS OF CHANGE: 20211222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GOLDENTREE ASSET MANAGEMENT LP CENTRAL INDEX KEY: 0001278951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36478 FILM NUMBER: 211513941 BUSINESS ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128473500 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tananbaum Steven A. CENTRAL INDEX KEY: 0001435626 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36478 FILM NUMBER: 211513939 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GoldenTree Asset Management LLC CENTRAL INDEX KEY: 0001435627 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36478 FILM NUMBER: 211513940 BUSINESS ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-847-3500 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 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: 27200 TOURNEY ROAD STREET 2: SUITE 200 CITY: SANTA CLARITA STATE: CA ZIP: 91355 BUSINESS PHONE: 8888484754 MAIL ADDRESS: STREET 1: 27200 TOURNEY ROAD STREET 2: SUITE 200 CITY: SANTA CLARITA STATE: CA ZIP: 91355 4 1 es210212706_4-crc.xml OWNERSHIP DOCUMENT X0306 4 2021-12-20 0 0001609253 California Resources Corp CRC 0001278951 GOLDENTREE ASSET MANAGEMENT LP 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001435627 GoldenTree Asset Management LLC 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 0 0001435626 Tananbaum Steven A. 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock 2021-12-20 4 P 0 6900 38.70 A 9546170 I See footnotes This Form 4 is filed on behalf of GoldenTree Asset Management LP (the "Advisor"), GoldenTree Asset Management LLC (the "General Partner") and Steven A. Tananbaum (collectively, the "Reporting Persons"). The Advisor is the investment manager or advisor to certain funds and separate accounts managed by the Advisor (the "Funds") and may be deemed to have a pecuniary interest in the securities directly held by the Funds. The General Partner is the general partner of the Advisor and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor has a pecuniary interest. Steven A. Tananbaum is the managing member of the General Partner and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor and the General Partner have a pecuniary interest. The Advisor, the General Partner, and Mr. Tananbaum disclaim beneficial ownership of the Common Stock held by the Funds. Common Stock held directly by certain funds and separate accounts managed by the Advisor. A profit of $642 calculated by matching this purchase with the sale of 6,900 shares of Common Stock on October 29, 2021 at a purchase price of $45.11 per share, will be disgorged to the issuer on or about December 30, 2021. Pursuant to Instruction 4(b)(iv) to Form 4, the Reporting Persons report on Form 4 the entire amount of securities acquired, disposed of, or beneficially owned by certain Funds instead of the Reporting Persons' indirect beneficial ownership thereinThe amount of profit calculated reflects Mr. Tananbaum's proportionate indirect pecuniary interest in the transactions. GoldenTree Asset Management LP, By: GoldenTree Asset Management LLC, its General Partner, /s/ Steven A. Tananbaum 2021-12-22 GoldenTree Asset Management LLC, /s/ Steven A. Tananbaum 2021-12-22 /s/ Steven A. Tananbaum 2021-12-22