SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Champion Christopher O
(Last) (First) (Middle)
OCCIDENTAL PETROLEUM CORPORATION
5 GREENWAY PLAZA, SUITE 110
(Street)
HOUSTON TX 77046
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
OCCIDENTAL PETROLEUM CORP /DE/ [ OXY ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, CAO and Controller
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/01/2022 M 95,129 A $40.03 138,432 D
Common Stock 06/01/2022 M 11,465 A $25.39 149,897 D
Common Stock 06/01/2022 S 106,594 D $70.44(1) 43,303 D
Common Stock 06/01/2022 S 5,000 D $70.37(2) 38,303 D
Common Stock 06/01/2022 G V 5,396 D $0 32,907 D
Common Stock 1,950(3) I By OPC Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to buy) $40.03 06/01/2022 M 95,129 (4) 02/14/2030 Common Stock 95,129 $0 47,564 D
Stock Option (Right to buy) $25.39 06/01/2022 M 11,465 (5) 02/12/2031 Common Stock 11,465 $0 22,929 D
Warrants (Right to buy) $22 06/01/2022 S 2,097 08/31/2020 08/03/2027 Common Stock 2,097 $47.27(6) 0 D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.10 to $70.72, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.17 to $70.62, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
3. Based on a plan statement dated June 1, 2022.
4. One-third of the 2020 option, representing a right to purchase a total of 142,693 shares of common stock, vested on each of February 28, 2021 and February 28, 2022, and the remaining unvested portion will vest on February 28, 2023. Anti-dilution adjustments were made to the exercise price and the number of shares of common stock underlying the option in connection with the warrant distribution on August 3, 2020.
5. One-third of the 2021 option, representing a right to purchase a total of 34,394 shares of common stock, vested on February 28, 2022, and the remaining unvested portion will vest ratably on February 28, 2023 and 2024.
6. The price reported in Column 8 is a weighted average price. These warrants were sold in multiple transactions at prices ranging from $47.05 to $47.43, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth above.
/s/ Brittany A. Smith, Attorney-in-Fact for Christopher O. Champion 06/03/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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