0001609253-20-000031.txt : 20200220 0001609253-20-000031.hdr.sgml : 20200220 20200220205622 ACCESSION NUMBER: 0001609253-20-000031 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200218 FILED AS OF DATE: 20200220 DATE AS OF CHANGE: 20200220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pineci Roy CENTRAL INDEX KEY: 0001449793 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36478 FILM NUMBER: 20637177 MAIL ADDRESS: STREET 1: 10889 WILSHIRE BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90024 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 wf-form4_158225016458754.xml FORM 4 X0306 4 2020-02-18 0 0001609253 California Resources Corp CRC 0001449793 Pineci Roy 27200 TOURNEY ROAD, SUITE 200 SANTA CLARITA CA 91355 0 1 0 0 EVP - Finance Common Stock 2020-02-18 4 M 0 3225 A 38364.20 D Common Stock 2020-02-18 4 D 0 1612 6.20 D 36752.20 D Common Stock 2020-02-18 4 F 0 162 6.20 D 36590.20 D Restricted Stock Unit 2020-02-18 4 M 0 3225 0 D Common Stock 3225.0 12896 D Restricted Stock Unit 2020-02-18 4 A 0 67742 0 A Common Stock 67742.0 67742 D Employee Stock Option (Right to Buy) 6.82 2020-02-18 4 A 0 31723 0 A 2027-02-17 Common Stock 31723.0 31723 D Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019. One-third of the RSUs vested on February 18, 2020; the remaining RSUs vest in two equal annual installments beginning February 18, 2021. 3,225 RSUs were transferred in a transaction exempt from Section 16. The reporting person no longer reports those securities as beneficially owned. Grant of 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. The RSUs vest in three equal annual installments beginning February 17, 2021. The options vest in three equal annual installments beginning February 17, 2021. /s/ Ulrik Damborg, Attorney-in-Fact for Roy Pineci 2020-02-20