OCCIDENTAL PETROLEUM CORP /DE/ — Director's Dealing 2015

May 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK: 0000797468
Period of Report: 2015-05-13

Reporting Person: Kirk Jennifer M (Vice President and Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-13	Long-term incentive units	$	J	673	Disposed		Common stock (673)	Indirect
2015-05-13	Long-term incentive units	$	J	464	Disposed		Common stock (464)	Indirect
2015-05-13	Long-term incentive units	$	J	208	Disposed		Common stock (208)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Long-term incentive units	$		Common stock (499)	499	Direct

Footnotes

F1: Long-term incentive units ("LTIs") are settleable 50% in shares of stock and 50% in cash based on the value of a share of stock on the applicable vesting date.

F2: The reporting person's spouse terminated his employment with the registrant on May 13, 2015. Accordingly, the LTIs set forth in rows 1-3 of Table II were forfeited in accordance with the terms of the underlying agreement.

F3: On July 9, 2014, the reporting person's spouse was granted 638 LTIs, the unvested portion of which was adjusted upward in connection with the spin-off of California Resources Corporation on November 30, 2014 (the "Spin-Off") as disclosed on the Form 4 filed on behalf of the reporting person on December 4, 2014 (the "Spin-Off Form 4"), which vest in three equal installments beginning on the first anniversary of the grant date.

F4: On July 10, 2013, the reporting person's spouse was granted 661 LTIs, the unvested portion of which was adjusted upward in connection with the Spin-Off as disclosed in the Spin-Off Form 4, which vest in three equal installments beginning on the first anniversary of the grant date.

F5: On July 11, 2012, the reporting person's spouse was granted 592 LTIs, the unvested portion of which was adjusted upward in connection with the Spin-Off as disclosed in the Spin-Off Form 4, which vest in three equal installments beginning on the first anniversary of the grant date.

F6: On July 11, 2012, the reporting person was granted 1,419 LTIs, the unvested portion of which was adjusted upward in connection with the Spin-Off as disclosed in the Spin-Off Form 4, which vest in three equal installments beginning on the first anniversary of the grant date.