4 2003-07-16 0 0000797468 OCCIDENTAL PETROLEUM CORP /DE/ OXY 0001026558 WATKINS AURMOND A JR 0 1 0 0 Vice President - Tax Phantom stock units 0 2003-07-16 4 A 0 6700 0 A 1988-08-08 1988-08-08 Common Stock 6700 35985 D Employee stock option (right to buy) 31.13 2003-07-16 4 A 0 30000 0 A 2004-07-16 2013-07-16 Common Stock 30000 30000 D The phantom stock units convert into common stock on a one-for-one basis. Grant of restricted stock units pursuant to the Occidental Petroleum Corporation 2001 Incentive Compensation Plan. Phantom stock units to be settled for common stock upon retirement or termination of employment. The option vests in three equal annual installments beginning on July 16, 2004. /s/ CHRISTEL H. PAULI, Attorney-in-Fact for Aurmond A. Watkins 2003-07-18