SEC Form 4 · accession 0001104659-15-050866

· OXY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Vice President and Controller

Period of report

Jul 10, 2015

Accepted (ET)

Jul 13, 2015 · 4:42 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000797468

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jul 10, 2015	M	250	—	A	8,323	D
Common Stock	Jul 10, 2015	F	69	$73.31	D	8,254	D
Common Stock	holding	—	—		—	1,362	I	By OPC Savings Plan
Common Stock	holding	—	—		—	153	I	By Spouse
Common Stock	holding	—	—		—	1,112	I	By Spouse - OPC Savings Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Long-Term Incentive Units^F1,F2	—	Jul 10, 2015	M	499	D	—	—	Common Stock	499	0	D

F1Long-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.
F2On July 11, 2012, the reporting person was granted 1,419 LTIs, the unvested portion of which was adjusted upward in connection with the spin-off of California Resources Corporation on November 30, 2014, as disclosed in the Form 4 filed on behalf of the reporting person on December 4, 2014. The LTIs vest in three equal installments beginning on the first anniversary of the grant date.