SEC Form 4 · accession 0001140361-18-006394
OCCIDENTAL PETROLEUM CORP /DE/ · OXY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph C. Elliott
Officer — Senior Vice President
Period of report
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 6:02 pm EST
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 | Feb 7, 2018 | A | 17,712 | $0.00 | A | 38,706 | D | |
| Common Stock | Feb 7, 2018 | A | 18,413 | $0.00 | A | 57,119 | D | |
| Common StockF3 | holding | — | — | — | 4,931 | I | By OPC Savings Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award 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.
- F2On February 15, 2017, the reporting person was granted 18,413 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.
- F3Based on a plan statement dated February 7, 2018.