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OCCIDENTAL PETROLEUM CORP /DE/ — Director's Dealing 2018
Feb 9, 2018
30025_dirs_2018-02-09_af57a342-7f16-4299-8b04-4a4f60978c0a.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: 2018-02-07
Reporting Person: Lowe Edward A. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-07 | Common Stock | A | 22542 | — | Acquired | 120806 | Direct |
| 2018-02-07 | Common Stock | A | 23435 | — | Acquired | 144241 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 820 | Indirect |
Footnotes
F1: Award of restricted stock units (RSUs) pursuant to the Issuer's 2015 Long-Term Incentive Plan (2015 LTIP). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest in three equal annual installments beginning on February 28, 2019.
F2: On February 15, 2017, the reporting person was granted 23,435 performance stock units (PSUs) pursuant to the 2015 LTIP, which were subject to performance- and time-based vesting conditions. On February 7, 2018, achievement of the performance condition was certified by the Compensation Committee of the Issuer's Board of Directors, vesting the performance condition and converting the PSUs into RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest in three equal annual installments beginning February 28, 2018.
F3: Based on a plan statement dated February 7, 2018.