---------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 Washington, D.C. 20549 OMB APPROVAL
---------------- ------------------------------
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
Expires: January 31, 2005
Filed pursuant to Section 16(a) of the Securities Exchange Act Estimated average burden
of 1934, Section 17(a) of the Public Utility Holding Company Act hours per response.........0.5
of 1935 or Section 30(h) of the Investment Company Act of 1940 ------------------------------
(Print or Type Responses)
---------------------------------------- ------------------------------------------- ---------------------------------------------
1. NAME AND ADDRESS OF REPORTING PERSON* 2. ISSUER NAME AND TICKER OR TRADING SYMBOL 6. RELATIONSHIP OF REPORTING PERSON(S) TO
Occidental Petroleum Corporation ISSUER (CHECK ALL APPLICABLE)
OXY
Irani, Ray R. ------------------------------------------- [X] DIRECTOR [ ] 10% OWNER
---------------------------------------- 3. I.R.S. IDENTIFICATION 4. STATEMENT FOR [X] OFFICER (GIVE [ ] OTHER (SPECIFY
(LAST) (FIRST) (MIDDLE) NUMBER OF REPORTING MONTH/DAY/YEAR TITLE BELOW) BELOW)
PERSON, IF AN ENTITY
Occidental Petroleum Corporation (VOLUNTARY) 11/26/2002
10889 Wilshire Boulevard ----------------- Chairman and Chief Executive Officer
---------------------------------------- 5. IF AMENDMENT, -----------------------------------------
(STREET) DATE OF ---------------------------------------------
ORIGINAL 7. INDIVIDUAL OR JOINT/GROUP FILING
(MONTH/YEAR) (CHECK APPLICABLE LINE)
Los Angeles, California 90024
---------------------------------------- [X] FORM FILED BY ONE REPORTING PERSON
(CITY) (STATE) (ZIP) [ ] FORM FILED BY MORE THAN ONE REPORTING
PERSON
---------------------------------------- ------------------------ ----------------- ---------------------------------------------
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
====================================================================================================================================
1. 2. 2A. 3. 4. 5. 6. 7.
TITLE OF SECURITY TRANSACTION DEEMED TRANSACTION SECURITIES ACQUIRED (A) OR AMOUNT OF OWNERSHIP NATURE OF
(INSTR. 3) DATE EXECUTION CODE DISPOSED OF (D) SECURITIES FORM: DIRECT INDIRECT
(MONTH/DAY/ DATE, IF (INSTR. 8) (INSTR. 3, 4 AND 5) BENEFICIALLY (D) OR BENEFICIAL
YEAR) ANY ----------- -------------------------- OWNED AT END INDIRECT (I) OWNERSHIP
(MONTH/ (A) OF MONTH (INSTR. 4) (INSTR. 4)
DAY/YEAR) CODE V AMOUNT OR PRICE (INSTR. 3
(D) AND 4)
-------------------- ----------- ---------- ------ --- -------- ----- --------- ------------ ------------ ----------------
Common Stock 11/26/2002 M 145,455 A $22.0000 D
-------------------- ----------- ---------- ------ --- -------- ----- --------- ------------ ------------ ----------------
Common Stock 11/26/2002 F 128,135 D $27.3458 D
-------------------- ----------- ---------- ------ --- -------- ----- --------- ------------ ------------ ----------------
Common Stock 11/26/2002 M 4,545 A $22.0000 740,424 D
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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).
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FORM 4 (continued)
====================================================================================================================================
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
====================================================================================================================================
1. 2. 3. 3A. 4. 5. 6. 7. 8. 9. 10. 11.
TITLE OF CONVER- TRANS- DEEMED TRANSAC- NUMBER OF DE- DATE EXERCISABLE TITLE AND PRICE NUMBER OWNER- NATURE OF
DERIVA- SION OR ACTION EXECU- TION CODE RIVATIVE SECU- AND EXPIRATION AMOUNT OF OF DE- OF DE- SHIP INDIRECT
TIVE SE- EXER- DATE TION (INSTR. RITIES AC- DATE (MONTH/DAY/ UNDERLYING RIVA- RIVATIVE FORM BENEFICIAL
CURITY CISE (MONTH/ DATE, IF 8) QUIRED (A) OR YEAR) SECURITIES TIVE SECURI- OF DE- OWNERSHIP
(INSTR. PRICE DAY/ ANY DISPOSED OF (INSTR. 3, 4 SECURI- TIES RIVA- (INSTR. 4)
3) OF DE- YEAR) (MONTH/ (D) (INSTR. 3, AND 5) TY BENE- TIVE
RIVA- DAY/ 4 AND 5) (INSTR. FICIALLY SECU-
TIVE YEAR) 5) OWNED AT RITY:
SECU- -------- -------------- ----------------- --------------- END OF DIRECT
RITY MONTH (D) OR
DATE EXPIRA- (INSTR. INDI-
CODE V (A) (D) EXER- TION TITLE AMOUNT 4) RECT
CISABLE DATE (I)
(INSTR.
4)
-------- ------- -------- -------- ---- --- ------- ------- -------- -------- ------ ------- ------- --------- ------- ------------
Employee
stock
option
(right Common
to buy) $22.0000 11/26/02 M 145,455 (1) 05/28/03 Stock 145,455 0 D
-------- ------- -------- -------- ---- --- ------- ------- -------- -------- ------ ------- ------- --------- ------- ------------
Employee
stock
option
(right Common
to buy) $22.0000 11/26/02 M 4,545 (1) 04/28/03 Stock 4,545 0 D
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Explanation of Responses:
(1) The option vested in three equal annual installments beginning on April 28,
1994
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. /s/ CHRISTEL H. PAULI November 27, 2002
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ----------------------------------------- ----------------------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be Christel H. Pauli, Attorney-in-Fact for
manually signed. Ray R. Irani
If space is insufficient, see Instruction 6 for
procedure.
Potential persons who are to respond to the collection of
information contained in this form are not required to
respond unless the form displays a currently valid OMB
control number.
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