Company: OXY-WT
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000797468-25-000054
Chunk: 62

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 62
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 2022 vested on February 28, 2025; one-third of the total RSU award granted in March 2023 vested on February 28, 2025 and the remaining unvested portion will vest on February 28, 2026; one-third of the total RSU award granted in March 2024 vested on February 28, 2025 and the remaining unvested portion will vest ratably on February 28, 2026 and 2027. (5) Pursuant to SEC rules, the values shown for the CROCE awards granted in 2023 and 2024 reflect a payout at the maximum performance level based on Occidental’s above-target performance through December 31, 2024 . The CROCE awards vest based on the achievement of the applicable CROCE performance goal over the three-year performance period. The performance periods for the 2023 and 2024 CROCE awards end on December 31, 2025 and December 31, 2026, respectively. The ultimate payout may be less than the amounts shown, with the possibility of no payout, depending on the outcome of the performance criteria and the value of Occidental’s common stock on the award certification date. (6) Pursuant to SEC rules, the values shown for the TSR awards granted in 2023 and 2024 reflect a payout at the threshold performance level; however, based on Occidental’s performance through December 31, 2024 , the 2023 and 2024 TSR awards were trending below threshold performance, which would result in zero payout . The TSR awards vest based on the achievement of the applicable TSR performance goal over the three-year performance period. The performance periods for the 2023 and 2024 TSR awards end on December 31, 2025 and December 31, 2026, respectively. The ultimate payout may be less or more than the amounts shown, with the possibility of no payout, depending on the outcome of the performance criteria and the value of Occidental’s common stock on the award certification date.

| 2025Proxy Statement |
| 59                  |

Executive Compensation Tables

Stock Vested in 2024 The following table summarizes, for the NEOs, the stock awards vested during 2024 . No NQSO or SAR awards were exercised by the NEOs in 2024 .

| PREVIOUSLY GRANTED STOCK AWARDS VESTED IN2024 |

|             |                            Stock Awards |