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