Peter J. Bennett - 31 Jan 2022 Form 4 Insider Report for OCCIDENTAL PETROLEUM CORP /DE/ (OXY)

Role: Vice President
Signature: /s/ Brittany A. Smith, Attorney-in-Fact for Peter J. Bennett
Issuer symbol: OXY
Transactions as of: 31 Jan 2022
Transactions value $: -$1,402,944
Form type: 4
Filing time: 02 Feb 2022, 20:27:06 UTC
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OXY	Common Stock	Options Exercise		+37.2K	+53.88%		106K	31 Jan 2022	Direct	F1
transaction	OXY	Common Stock	Disposed to Issuer	-$1.4M	-37.2K	-35.01%	$37.67	69.1K	31 Jan 2022	Direct	F2
holding	OXY	Common Stock						5.09K	31 Jan 2022	By OPC Savings Plan	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OXY	Phantom Stock Units	Options Exercise		-37.2K	-100%		0	31 Jan 2022	Common Stock	37.2K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person's award of phantom stock units vested on January 31, 2022. Each phantom stock unit was the economic equivalent of one share of the issuer's common stock.
F2	Pursuant to the terms of the award, each phantom stock unit settled in cash at the closing price of the issuer's common stock on the vesting date.
F3	Based on a plan statement dated January 31, 2022.