OCCIDENTAL PETROLEUM CORP /DE/ 4
4 · OCCIDENTAL PETROLEUM CORP /DE/ · Filed Dec 8, 2014
Insider Transaction Report
Form 4
Batchelder Eugene L.
Director
Transactions
- Other
Common Stock
2014-12-04+263→ 7,213 total
Footnotes (1)
- [F1]On November 30, 2014, the Issuer distributed to its stockholders 0.4 shares of California Resources Corporation ("CRC") common stock for every one share of the Issuer's common stock outstanding as of November 17, 2014, the record date for the distribution, in connection with the spin-off of CRC from Occidental (the "Spin-Off"). The amount reported reflects additional Common Stock Units of the Issuer issued to the reporting person as a result of the adjustment of certain Common Stock Units held by the reporting person in connection with the Spin-Off. Such adjustment was based upon on the relative volume weighted average per share prices (trading "regular way") of Occidental common stock on four-day trading periods ending November 28, 2014 and December 4, 2014, respectively.