Mark Allen McFarland - Mar 22, 2024 Form 4 Insider Report for California Resources Corp (CRC)

Role: Director
Signature: /s/ Ulrik Damborg, Attorney-in-Fact for Mark Allen McFarland
Stock symbol: CRC
Transactions as of: Mar 22, 2024
Transactions value $: -$11,780,593
Form type: 4
Date filed: 3/26/2024, 05:06 PM
Previous filing: May 2, 2023
Next filing: May 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRC	Common Stock	Tax liability	-$11.8M	-222K	-41.1%	$53.06	318K	Mar 22, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units (RSUs) surrendered to satisfy tax withholdings for RSUs that distributed on March 22, 2024. The surrender of RSUs to satisfy tax withholding was made pursuant to the terms of the awards, which were previously awarded on March 22, 2021 and vested according to the terms of the awards. Each RSU represents a contingent right to receive one share of common stock of the Issuer.

Content

Represents restricted stock units (RSUs) surrendered to satisfy tax withholdings for RSUs that distributed on March 22, 2024. The surrender of RSUs to satisfy tax withholding was made pursuant to the terms of the awards, which were previously awarded on March 22, 2021 and vested according to the terms of the awards. Each RSU represents a contingent right to receive one share of common stock of the Issuer.