OCCIDENTAL PETROLEUM CORP /DE/ — Director's Dealing 2016

May 6, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK: 0000797468
Period of Report: 2016-04-29

Reporting Person: Vangolen Glenn M. (Senior VP - Business Support)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12022	Direct
Common Stock	2466	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (right to buy)	$79.98	2022-02-11	Common Stock (35000)		Direct

Footnotes

F1: The amount reported consists of 3,677 shares of the issuer's common stock held by the reporting person, 7,200 restricted stock units ("RSUs") granted to the reporting person under the issuer's 2015 Long-Term Incentive Plan on February 17, 2016, and 1,145 shares of restricted stock (time-based vesting) ("RSITVs") granted to the reporting person under the issuer's 2005 Long-Term Incentive Plan (the "2005 LTIP") on July 22, 2013. Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs vest in three equal annual installments beginning on February 28, 2017. The RSITVs vest on July 21, 2016.

F2: Based on a plan statement dated May 2, 2016.

F3: The employee stock options (the "options") were granted to the reporting person under the 2005 LTIP on February 11, 2015. The first tranche, consisting of 11,667 options, vested on February 10, 2016 but remains unexercised. The second tranche, consisting of 11,667 options, will vest on February 10, 2017, and the third tranche, consisting of 11,666 options, will vest on February 10, 2018.