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

Mar 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK: 0000797468
Period of Report: 2016-03-24

Reporting Person: ATKINS HOWARD I (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-24	Common Stock	J	6	—	Acquired	20677	Direct

Footnotes

F1: On March 24, 2016 (the "distribution date"), holders of Occidental Petroleum Corporation ("OPC") common stock as of February 29, 2016 (the "record date") received 0.093618 shares (the "distribution ratio") of California Resources Corporation ("CRC") common stock as a dividend on each outstanding share of OPC common stock they owned on the record date (the "distribution"). To account for the distribution, the reporting person's OPC common stock unit award was proportionately adjusted on the distribution date to increase the common stock units subject to the award by an amount (rounded up to the nearest whole share) equal to the product of (i) the number of unpaid common stock units subject to the award as of the record date multiplied by (ii) the distribution ratio multiplied by (iii) the quotient obtained by dividing the closing price of a share of CRC common stock on the distribution date by the closing price of a share of OPC common stock on the distribution date.