employee stock purchase plan

The CRC Employee Stock Purchase Plan (ESPP) is a convenient way to purchase shares of California Resources Corporation stock at a discounted price.

Stocks and bills

who’s eligible

All CRC employees are eligible to participate in the ESPP.

how the espp works

The ESPP allows you to purchase CRC stock at a 15% discount through payroll deductions. The ESPP is administered by Fidelity Investments.

Here’s a high-level overview of the ESPP. For plan details, log on to Fidelity NetBenefits.

How to Participate
  • Enroll during one of the quarterly enrollment periods (currently scheduled at the beginning of March, June, September and December).
  • When you enroll for the first time, you will also open an account that is administered by Fidelity Investments.
  • Your contributions are held in the account until the end of each quarterly offering period when shares are purchased at a 15% discount. The shares purchased through the ESPP will be deposited to your account.
  • Enroll and open your account on Fidelity NetBenefits or call 800-544-9354.

Contributions
  • Contribute from 1% to 15% of your pay on an after-tax basis.

Selling Your Shares
  • You may sell purchased shares at any time after they are credited to your account.

Managing Your Account
  • Go to Fidelity NetBenefits to manage your account, including:
    • View your account balance.
    • Change your contributions.
    • Sell shares.
    • Withdraw from the ESPP.