Leon Francisco

SEC source: 0001609253-26-000063 · wk-form4_1772578810.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 336,948

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in three equal annual installments on each of March 2, 2027, 2028 and 2029.

SEC source: 0001609253-26-000044 · wk-form4_1772229228.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 293,115

F1 · kind: Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on February 25, 2026.

SEC source: 0001609253-26-000030 · wk-form4_1772064774.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 302,432

F2 · kind: Represents restricted stock units ("RSUs") and PSUs surrendered to satisfy tax withholding for RSUs and PSUs that vested on February 23, 2026.

SEC source: 0001609253-26-000030 · wk-form4_1772064774.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 325,161

F1 · kind: Represents performance stock units ("PSUs") granted on February 23, 2023, whose performance criteria were certified on February 23, 2026.

SEC source: 0001609253-26-000018 · wk-form4_1771973176.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 297,841

F1 · kind: Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on February 22, 2026.

SEC source: 0001609253-25-000106 · wk-form4_1762983396.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 304,834

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $47.64 to $47.72, inclusive. The reporting person undertakes to provide CRC, any security holder of CRC or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within the range set forth.

SEC source: 0001609253-25-000101 · wk-form4_1762467667.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 299,409

F1 · shares: Represents grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest as follows: 10% of the RSUs on each of November 4, 2026, 2027 and 2028; 30% of the RSUs on November 4, 2029; and 40% of the RSUs on November 4, 2030.

SEC source: 0001609253-25-000015 · wk-form4_1740520845.xml · nonDerivative · entry 4

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 214,699

F4 · kind: Represents grant of RSUs. Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in three equal annual installments on each of February 25, 2026, 2027 and 2028.

SEC source: 0001609253-25-000015 · wk-form4_1740520845.xml · nonDerivative · entry 3

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 162,895

F3 · kind: Represents RSUs and PSUs surrendered to satisfy tax withholding for RSUs and PSUs that vested on February 23, 2025.

SEC source: 0001609253-25-000015 · wk-form4_1740520845.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 216,207

F2 · kind: Represents performance stock units ("PSUs") granted on February 23, 2023, whose performance criteria were certified on February 23, 2025.

SEC source: 0001609253-25-000015 · wk-form4_1740520845.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 146,909

F1 · kind: Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on February 22, 2025.

SEC source: 0001609253-24-000122 · wk-form4_1731018902.xml · nonDerivative · entry 3

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 153,857

F1 · kind: The sales reported herein occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2024.

F4 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.43 to $57.74, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

SEC source: 0001609253-24-000122 · wk-form4_1731018902.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 154,357

F1 · kind: The sales reported herein occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2024.

F3 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.32 to $57.00, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

SEC source: 0001609253-24-000122 · wk-form4_1731018902.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 159,659

F1 · kind: The sales reported herein occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2024.

F2 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.32 to $56.28, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

SEC source: 0001609253-24-000106 · wk-form4_1725661067.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 166,357

F1 · kind: The sales reported herein occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2024.

F2 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.71 to $49.65, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

SEC source: 0001609253-24-000030 · wk-form4_1708988735.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 173,857

F2 · kind: Represents RSUs surrendered to satisfy tax withholding for RSUs that vested on February 23, 2024.

SEC source: 0001609253-24-000030 · wk-form4_1708988735.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 189,777

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in three equal annual installments on each of February 22, 2025, 2026 and 2027.

SEC source: 0001609253-24-000011 · wk-form4_1706575872.xml · derivative · entry 4

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 83,124 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.

F1 · price: Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.

F1 · derivative.exercise_date: Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.

F1 · derivative.expiration_date: Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.

SEC source: 0001609253-24-000011 · wk-form4_1706575872.xml · nonDerivative · entry 3

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 151,075

F4 · kind: Represents shares cancelled for payment of taxes on vested restricted stock units.

SEC source: 0001609253-24-000011 · wk-form4_1706575872.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 193,093

F3 · kind: Represents shares cancelled for payment of taxes on vested PSUs.

SEC source: 0001609253-24-000011 · wk-form4_1706575872.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 237,881

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.

F1 · price: Represents vesting of performance stock units ("PSUs") granted on January 25, 2021. Pursuant to the terms of the PSU award, settlement will occur within 45 days following the end of the three-year performance period.

F2 · balance_after: Includes 141 shares acquired under the California Resources Corporation Employee Stock Purchase Plan on March 31, 2023.

SEC source: 0001609253-23-000027 · wf-form4_167753417800187.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 154,616

F2 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in two equal installments on each of February 23, 2024 and 2025.

SEC source: 0001609253-23-000027 · wf-form4_167753417800187.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 125,001

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in three equal installments on each of February 23, 2024, 2025 and 2026.

SEC source: 0001609253-23-000010 · wf-form4_167485695201641.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,579

F1 · kind: Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on January 25, 2023. The surrender of RSUs to satisfy tax withholding was made pursuant to the terms of the award. These RSUs were previously awarded on January 25, 2021 and vest in one-third installments on each grant date anniversary, subject to the terms of the award. Each RSU represents a contingent right to receive one share of common stock of the Issuer.

F2 · balance_after: Includes 100 shares acquired under the California Resources Corporation Employee Stock Purchase Plan on January 3, 2023.

SEC source: 0001609253-22-000021 · wf-form4_164815342022883.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,985

F1 · kind: Reflects restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs vested on January 25, 2022. Each RSU represents a contingent right to receive one share of common stock of the Issuer. Subject to certain exceptions, RSUs will be settled in shares of Common Stock within 45 days following January 25, 2024.

SEC source: 0001609253-21-000034 · wf-form4_161178365361154.xml · derivative · entry 2

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,124

Underlying: Common Stock · 83,124 shares

Expires not disclosed

F2 · derivative.exercise_price: Represents the target number of performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Common Stock. The actual number of PSUs that vest and become earned is based on the volume-weighted average price of a share of Common Stock as determined over any 60 consecutive trading days during the three-year performance period, and, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following the end of the three-year performance period.

F2 · derivative.exercise_date: Represents the target number of performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Common Stock. The actual number of PSUs that vest and become earned is based on the volume-weighted average price of a share of Common Stock as determined over any 60 consecutive trading days during the three-year performance period, and, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following the end of the three-year performance period.

F2 · derivative.expiration_date: Represents the target number of performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Common Stock. The actual number of PSUs that vest and become earned is based on the volume-weighted average price of a share of Common Stock as determined over any 60 consecutive trading days during the three-year performance period, and, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following the end of the three-year performance period.

SEC source: 0001609253-21-000034 · wf-form4_161178365361154.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,123

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest in three equal installments on each of January 25, 2022, 2023 and 2024 and, subject to certain exceptions, will be settled in shares of Common Stock within 45 days following the third anniversary of the grant date.

SEC source: 0001609253-20-000182 · wf-form4_160384899517861.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · balance_after: Reflects number of shares of Common Stock owned as of October 27, 2020.

F2 · balance_after: On October 13, 2020, an order confirming the plan of reorganization (the "Plan") of the Issuer and certain of its affiliates was entered by the United States Bankruptcy Court for the Southern District of Texas, Houston Division. On October 27, 2020, the Plan became effective and under its terms all of the Issuer's equity was cancelled.

SEC source: 0001609253-20-000049 · wf-form4_158258969961256.xml · derivative · entry 4

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,452

Underlying: Common Stock · 5,453 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Vesting of Restricted Stock Unit (RSU) award granted on February 21, 2018.

F1 · kind: Vesting of Restricted Stock Unit (RSU) award granted on February 21, 2018.

F2 · derivative.exercise_date: One-half of the RSUs vested on February 20, 2020; the remaining RSUs vest on February 20, 2021.

F2 · derivative.expiration_date: One-half of the RSUs vested on February 20, 2020; the remaining RSUs vest on February 20, 2021.

SEC source: 0001609253-20-000049 · wf-form4_158258969961256.xml · nonDerivative · entry 3

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,047.648

SEC source: 0001609253-20-000049 · wf-form4_158258969961256.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,570.648

SEC source: 0001609253-20-000049 · wf-form4_158258969961256.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,751.648

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Vesting of Restricted Stock Unit (RSU) award granted on February 21, 2018.

F1 · price: Vesting of Restricted Stock Unit (RSU) award granted on February 21, 2018.

SEC source: 0001609253-20-000028 · wf-form4_158225009643070.xml · derivative · entry 5

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,212

Underlying: Common Stock · 30,212 shares

Expires 2027-02-17

F5 · derivative.exercise_date: The options vest in three equal annual installments beginning February 17, 2021.

SEC source: 0001609253-20-000028 · wf-form4_158225009643070.xml · derivative · entry 4

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,517

Underlying: Common Stock · 64,517 shares

Expires not disclosed

F3 · derivative.exercise_price: Grant of Restricted Stock Units (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.

F3 · kind: Grant of Restricted Stock Units (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.

F4 · derivative.exercise_date: The RSUs vest in three equal annual installments beginning February 17, 2021.

F4 · derivative.expiration_date: The RSUs vest in three equal annual installments beginning February 17, 2021.

SEC source: 0001609253-20-000028 · wf-form4_158225009643070.xml · derivative · entry 3

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,283

Underlying: Common Stock · 6,142 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019.

F1 · kind: Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019.

F2 · derivative.exercise_date: One-third of the RSUs vested on February 18, 2020; the remaining RSUs vest in two equal annual installments beginning February 18, 2021.

F2 · derivative.expiration_date: One-third of the RSUs vested on February 18, 2020; the remaining RSUs vest in two equal annual installments beginning February 18, 2021.

SEC source: 0001609253-20-000028 · wf-form4_158225009643070.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,298.648

SEC source: 0001609253-20-000028 · wf-form4_158225009643070.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,369.648

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019.

F1 · price: Vesting of Restricted Stock Unit (RSU) award granted on February 19, 2019.

SEC source: 0001609253-20-000011 · wf-form4_158164374699315.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,227.648

F1 · balance_after: Includes 250 shares acquired under the California Resources Corporation Employee Stock Purchase Plan (the "ESPP") on September 30, 2019 and 86 shares acquired under the ESPP on October 1, 2018.

SEC source: 0001609253-19-000138 · wf-form4_156539058729592.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,872.648

F1 · balance_after: Includes 185 shares acquired under the California Resources Corporation Employee Stock Purchase Plan on July 1, 2019.

SEC source: 0001609253-19-000113 · wf-form4_155917266677465.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,187.648

SEC source: 0001609253-19-000048 · wf-form4_155087574673832.xml · derivative · entry 3

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,905

Underlying: Common Stock · 5,453 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects the vesting of one-third of 16,358 Restricted Stock Units (RSUs) granted on February 21, 2018. Each RSU was the economic equivalent of one share of California Resources Corporation (CRC) common stock. On February 20, 2019, 2,181 of the reporting person's RSUs were settled for cash, and the remaining 3,272 were settled for an equal number of shares of CRC common stock.

F1 · price: Reflects the vesting of one-third of 16,358 Restricted Stock Units (RSUs) granted on February 21, 2018. Each RSU was the economic equivalent of one share of California Resources Corporation (CRC) common stock. On February 20, 2019, 2,181 of the reporting person's RSUs were settled for cash, and the remaining 3,272 were settled for an equal number of shares of CRC common stock.

F2 · derivative.exercise_date: One-third of the RSUs vested on February 20, 2019; the remaining RSUs vest in two equal annual installments beginning February 20, 2020.

F2 · derivative.expiration_date: One-third of the RSUs vested on February 20, 2019; the remaining RSUs vest in two equal annual installments beginning February 20, 2020.

SEC source: 0001609253-19-000048 · wf-form4_155087574673832.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,633.648

F1 · kind: Reflects the vesting of one-third of 16,358 Restricted Stock Units (RSUs) granted on February 21, 2018. Each RSU was the economic equivalent of one share of California Resources Corporation (CRC) common stock. On February 20, 2019, 2,181 of the reporting person's RSUs were settled for cash, and the remaining 3,272 were settled for an equal number of shares of CRC common stock.

SEC source: 0001609253-19-000048 · wf-form4_155087574673832.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,814.648

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects the vesting of one-third of 16,358 Restricted Stock Units (RSUs) granted on February 21, 2018. Each RSU was the economic equivalent of one share of California Resources Corporation (CRC) common stock. On February 20, 2019, 2,181 of the reporting person's RSUs were settled for cash, and the remaining 3,272 were settled for an equal number of shares of CRC common stock.

F1 · price: Reflects the vesting of one-third of 16,358 Restricted Stock Units (RSUs) granted on February 21, 2018. Each RSU was the economic equivalent of one share of California Resources Corporation (CRC) common stock. On February 20, 2019, 2,181 of the reporting person's RSUs were settled for cash, and the remaining 3,272 were settled for an equal number of shares of CRC common stock.

SEC source: 0001609253-19-000030 · wf-form4_155079298893457.xml · derivative · entry 2

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,723

Underlying: Common Stock · 7,723 shares

Expires 2026-02-18

F3 · derivative.exercise_date: The options vest in three equal annual installments beginning February 18, 2020.

SEC source: 0001609253-19-000030 · wf-form4_155079298893457.xml · derivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,425

Underlying: Common Stock · 18,425 shares

Expires not disclosed

F1 · derivative.exercise_price: Grant of Restricted Stock Units (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.

F2 · derivative.exercise_date: The RSUs vest in three equal annual installments beginning February 18, 2020.

F2 · derivative.expiration_date: The RSUs vest in three equal annual installments beginning February 18, 2020.

SEC source: 0001609253-19-000012 · wf-form4_155018362295188.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,361.648

F1 · balance_after: Includes 1,628.648 shares unintentionally omitted from Mr. Leon's Form 3 filing.

F2 · balance_after: Includes 227 shares acquired under CRC's Employee Stock Purchase Plan ("ESPP") on April 2, 2018 and 250 shares acquired under the ESPP on December 31, 2018.

SEC source: 0001609253-18-000143 · wf-form4_153368015474589.xml · nonDerivative · entry 3

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,705

F2 · shares: Relates to tax withholding on the vesting of a previously granted time-vested Restricted Stock Unit Award.

F3 · balance_after: Includes 250 shares acquired under CRC's Employee Stock Purchase Plan on July 2, 2018.

SEC source: 0001609253-18-000143 · wf-form4_153368015474589.xml · nonDerivative · entry 2

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,723

SEC source: 0001609253-18-000143 · wf-form4_153368015474589.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,283

F1 · shares: Vesting of performance-based Performance Stock Unit Award pursuant to California Resources Corporation Long-Term Incentive Plan.

SEC source: 0001609253-18-000102 · wf-form4_152771315311479.xml · nonDerivative · entry 1

Leon Francisco · CIK 0001732190 · EVP Corp Dev & Strategic Plng

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,772