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OCCIDENTAL PETROLEUM CORP /DE/ — Director's Dealing 2016
Jul 12, 2016
30025_dirs_2016-07-12_b92d2881-6527-457b-acaa-dea61932b656.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK: 0000797468
Period of Report: 2016-07-08
Reporting Person: Elliott Joseph C. (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-08 | Common Stock | M | 551 | — | Acquired | 8856 | Direct |
| 2016-07-08 | Common Stock | D | 275 | $76.13 | Disposed | 8581 | Direct |
| 2016-07-08 | Common Stock | F | 76 | $76.13 | Disposed | 8505 | Direct |
| 2016-07-09 | Common Stock | M | 630 | — | Acquired | 9135 | Direct |
| 2016-07-09 | Common Stock | D | 315 | $76.13 | Disposed | 8820 | Direct |
| 2016-07-09 | Common Stock | F | 87 | $76.13 | Disposed | 8733 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-08 | Long-Term Incentive Units | $ | M | 551 | Disposed | Common Stock (551) | Direct | |
| 2016-07-09 | Long-Term Incentive Units | $ | M | 630 | Disposed | Common Stock (630) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4053 | Indirect |
Footnotes
F1: Long-term incentive units ("LTIs") are payable 50% in shares of the issuer's common stock and 50% in cash based on the value of a share of the issuer's common stock on the applicable vesting date. LTIs vest in three equal installments beginning on the first anniversary of the grant date.
F2: On July 9, 2014, the reporting person was granted an award of 1,570 LTIs, which was adjusted upward by 85 LTIs in connection with the spin-off of California Resources Corporation.
F3: On July 10, 2013, the reporting person was granted an award of 1,793 LTIs, which was adjusted upward by 97 LTIs in connection with the spin-off of California Resources Corporation.
F4: Based on a plan statement dated June 30, 2016.