Vangolen Glenn M. 4
4 · OCCIDENTAL PETROLEUM CORP /DE/ · Filed Feb 9, 2018
Insider Transaction Report
Form 4
Vangolen Glenn M.
Senior VP - Business Support
Transactions
- Award
Common Stock
2018-02-07+17,712→ 47,691 total - Award
Common Stock
2018-02-07+18,413→ 66,104 total
Holdings
- 3,129(indirect: By OPC Savings Plan)
Common Stock
Footnotes (3)
- [F1]Award 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.
- [F2]On 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.
- [F3]Based on a plan statement dated February 7, 2018.