Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

OCCIDENTAL PETROLEUM CORP /DE/ Proxy Solicitation & Information Statement 2020

Apr 17, 2020

30025_rns_2020-04-17_bbde8dce-8a19-45a1-a4fd-db4440b084db.zip

Proxy Solicitation & Information Statement

Open in viewer

Opens in your device viewer

DEFA14A 1 oxy3740751-defa14a.htm DEFINITIVE ADDITIONAL PROXY SOLICITING MATERIALS

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )

☑ Filed by the Registrant ☐ Filed by a Party other than the Registrant

CHECK THE APPROPRIATE BOX:
Preliminary Proxy Statement
Confidential, For Use of the Commission Only
(as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material Under Rule
14a-12

Occidental Petroleum Corporation

(Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

| PAYMENT OF FILING FEE (CHECK THE APPROPRIATE
BOX): | |
| --- | --- |
| ☑ | No fee
required. |
| ☐ | Fee computed on table below per Exchange Act Rules
14a-6(i)(1) and 0-11. |
| | 1)
Title of each class of securities to which transaction
applies: |
| | 2)
Aggregate number of securities to which transaction applies: |
| | 3)
Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined): |
| | 4)
Proposed maximum aggregate value of transaction: |
| | 5) Total fee paid: |
| ☐ | Fee paid previously with
preliminary materials: |
| ☐ | Check box if any part of the fee is
offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing
for which the offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the form or schedule and the
date of its filing. |
| | 1)
Amount previously paid: |
| | 2)
Form, Schedule or Registration Statement No.: |
| | 3)
Filing Party: |
| | 4) Date
Filed: |

* Exercise Your Right to Vote * Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on May 29, 2020.

5 GREENWAY PLAZA, SUITE 110 HOUSTON, TEXAS 77046

Meeting Information

Meeting Type: Annual Meeting
For holders as of: April 3, 2020

Date: May 29, 2020 Time: 9:00 a.m. Central Time

Location:
The company will be hosting the meeting live via the Internet this year. To attend the meeting via the Internet, please visit www.virtualshareholdermeeting.com/OXY2020 and be sure to have the sixteen-digit control number that is printed in the box marked by the arrow ➔ XXXX XXXX XXXX XXXX (located on the following page).

You are receiving this communication because you hold shares in Occidental Petroleum Corporation.

This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet or by mail. You may view the proxy materials online at www.proxyvote.com or easily request a paper copy (see reverse side).

We encourage you to access and review all of the important information contained in the proxy materials before voting.

See the reverse side of this notice to obtain proxy materials and voting instructions.

Before You Vote — How to Access the Proxy Materials

Proxy Materials Available to VIEW or RECEIVE:

Notice and Proxy Statement Annual Report

How to View Online: Have the sixteen-digit control number that is printed in the box marked by the arrow ➔ XXXX XXXX XXXX XXXX (located on the following page) and visit: www.proxyvote.com.

How to Request and Receive a PAPER or E-MAIL Copy: If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Future delivery requests can also be submitted via one of these methods. Please choose one of the following methods to make your request:

1) BY INTERNET : www.proxyvote.com
2) BY TELEPHONE : 1-800-579-1639
3) BY E-MAIL* : [email protected]
  • If requesting materials by e-mail, please send a blank e-mail with the sixteen-digit control number that is printed in the box marked by the arrow ➔ XXXX XXXX XXXX XXXX (located on the following page) in the subject line.

Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or before May 15, 2020 to facilitate timely delivery.

How To Vote — Please Choose One of the Following Voting Methods

Vote By Internet:
Before The Meeting:
Go to www.proxyvote.com . Have the sixteen-digit control number that is printed in the box marked by the arrow ➔ XXXX XXXX XXXX XXXX (located on the following page) available and follow the instructions. Before the meeting, Internet voting will be available 24 hours a day, 7 days a week, until 11:59 p.m. Eastern Time on May 28, 2020.
During The Meeting:
Go to www.virtualshareholdermeeting.com/OXY2020 . Have the sixteen-digit control number that is printed in the box marked by the arrow ➔ XXXX XXXX XXXX XXXX (located on the following page) available and follow the instructions.
Vote By Mail: You can vote by mail by requesting a paper copy of the materials, which will include a proxy card.

Voting Items

The Board of Directors recommends a vote "FOR" each nominee listed in Proposal 1.

1.
Nominees:
1a. Stephen I. Chazen
1b. Andrew Gould
1c. Nicholas Graziano
1d. Carlos M. Gutierrez
1e. Vicki Hollub
1f. William R. Klesse
1g. Andrew N. Langham
1h. Jack B. Moore
1i. Margarita Paláu-Hernández
1j. Avedick B. Poladian
1k. Robert M. Shearer
The Board of Directors recommends a vote "FOR" Proposals 2 through 9.
2. Advisory Vote to Approve Named Executive Officer Compensation
3. Ratification of Selection of KPMG as Occidental's Independent Auditor
4. Approve Occidental's Amended and Restated 2015 Long-Term Incentive Plan
5. Approve the Issuance of Common Stock Underlying the Berkshire Hathaway Warrant
6. Approve an Increase in Authorized Shares of Common Stock
7. Adopt Amendments to the Charter to Enhance Shareholders' Ability to Act by Written Consent
8. Adopt Amendments to the Charter to Lower
the Ownership Threshold for Shareholders to
Call Special Meetings to 15% and Make Other
Clarifying Amendments
9. Approve the Rights Agreement