SEC Form 4 · accession 0000899243-16-016718
California Resources Corp · CRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
OCCIDENTAL PETROLEUM CORP
10% Owner
Period of report
Mar 24, 2016
Accepted (ET)
Mar 28, 2016 · 9:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001609253
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 24, 2016 | J | 71,500,000 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 24, 2016, Occidental Petroleum Corporation ("Occidental") distributed to holders of its common stock 71,500,000 shares of common stock of California Resources Corporation as a dividend on each outstanding share of Occidental common stock they owned at the close of business on February 29, 2016 (the "distribution"). Additional information about the distribution can be found in an information statement filed by Occidental with the Securities and Exchange Commission in a Current Report on Form 8-K on March 2, 2016.