<SEC-DOCUMENT>0000921669-21-000038.txt : 20210312
<SEC-HEADER>0000921669-21-000038.hdr.sgml : 20210312
<ACCEPTANCE-DATETIME>20210312171425
ACCESSION NUMBER:		0000921669-21-000038
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210312
DATE AS OF CHANGE:		20210312

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OCCIDENTAL PETROLEUM CORP /DE/
		CENTRAL INDEX KEY:			0000797468
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				954035997
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-37605
		FILM NUMBER:		21738490

	BUSINESS ADDRESS:	
		STREET 1:		5 GREENWAY PLAZA
		STREET 2:		SUITE 110
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77046
		BUSINESS PHONE:		7132157000

	MAIL ADDRESS:	
		STREET 1:		5 GREENWAY PLAZA
		STREET 2:		SUITE 110
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77046

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ICAHN CARL C
		CENTRAL INDEX KEY:			0000921669
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		C/O ICAHN ENTERPRISES L.P.
		STREET 2:		16690 COLLINS AVE., PH-1
		CITY:			SUNNY ISLES BEACH
		STATE:			FL
		ZIP:			33160
		BUSINESS PHONE:		305-422-4145

	MAIL ADDRESS:	
		STREET 1:		C/O ICAHN ENTERPRISES L.P.
		STREET 2:		16690 COLLINS AVE., PH-1
		CITY:			SUNNY ISLES BEACH
		STATE:			FL
		ZIP:			33160

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ICAHN CARL C ET AL
		DATE OF NAME CHANGE:	19950612
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>oxysc13da03122021.htm
<TEXT>
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    <div style="text-align: center;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center;">SCHEDULE 13D</div>
    <div><br>
    </div>
    <div style="text-align: center;">Under the Securities Exchange Act of 1934</div>
    <div style="text-align: center;">(Amendment 4)*</div>
    <div><br>
    </div>
    <div style="text-align: center;">Occidental Petroleum Corporation</div>
    <div style="text-align: center;">(Name of Issuer)</div>
    <div><br>
    </div>
    <div style="text-align: center;">Common Stock, par value $0.20 per share</div>
    <div style="text-align: center;">(Title of Class of Securities)</div>
    <div><br>
    </div>
    <div style="text-align: center;">674599105</div>
    <div style="text-align: center;">&#160;(CUSIP Number)</div>
    <div><br>
    </div>
    <div style="text-align: center;">Andrew Langham</div>
    <div style="text-align: center;">Icahn Capital LP</div>
    <div style="text-align: center;">16690 Collins Avenue<br>
      Sunny Isles Beach, FL 33160</div>
    <div style="text-align: center;">(305) 422-4100</div>
    <div><br>
    </div>
    <div style="text-align: center;">(Name, Address and Telephone Number of Person Authorized to</div>
    <div style="text-align: center;">Receive Notices and Communications)</div>
    <div><br>
    </div>
    <div style="text-align: center;">March 12, 2021</div>
    <div style="text-align: center;">(Date of Event which Requires Filing of this Statement)</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing
      this schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box / /.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d&#8209;7 for other
      parties to whom copies are to be sent.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities,
      and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act
      of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>
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    <div><br>
    </div>
    <div style="text-align: center;">SCHEDULE 13D</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Item 1. Security and Issuer</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">This statement constitutes Amendment No. 4 relating to the shares of Common Stock, par value $0.20 per share (&#8220;Shares&#8221;), issued by
      Occidental Petroleum Corporation (the &#8220;Issuer&#8221;), and hereby amends the Schedule 13D filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on March 12, 2020 (as amended, the &#8220;Schedule 13D&#8221;), as amended by Amendment No. 1 to the Schedule 13D
      filed with the SEC on March 25, 2020, Amendment No. 2 to the Schedule 13D filed with the SEC on August 5, 2020 and Amendment No. 3 to the Schedule 13D filed with the SEC on September 30, 2020.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">Item 4. Purpose of the Transaction</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">Item 4 of the Schedule 13D is hereby amended to add the following:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">The Reporting Persons are one of the Issuer&#8217;s largest shareholders and beneficially own over 107.9 million Shares with a market value in
      excess of $3 billion.&#160; While we still believe in Occidental, our investment has become somewhat of an outsized position in our investment portfolio, and as a result, we believe it is prudent to reduce the size of our position to rebalance our
      portfolio. Therefore, on March 12, 2021, the Reporting Persons entered into a trading plan pursuant to Rule 10b5-1 of the Act (the &#8220;Trading Plan&#8221;) with an unaffiliated third-party broker (the &#8220;Broker&#8221;). The Trading Plan is intended to comply with
      Rule 10b5-1 under the Act. Under the Trading Plan, the Broker is authorized and directed to sell up to 30 million Shares in open market transactions on behalf of the Reporting Persons, subject to the satisfaction of certain conditions, including,
      among others, a minimum trading price. There can be no certainty that any Shares will be sold under the Trading Plan. However, even if the sales are completed in their entirety, the Reporting Persons would still beneficially own over 77.9 million
      Shares with a market value in excess of $2.1 billion and would remain one of Occidental&#8217;s largest shareholders. We continue to support Occidental and we continue to have confidence in Occidental&#8217;s future prospects. We also intend to remain on the
      Board. The Trading Plan is scheduled to terminate on May 1, 2021, unless terminated earlier in accordance with its terms. None of the Reporting Persons may exercise any subsequent influence over how, when or whether to effect any sales under the
      Trading Plan, although they are permitted to terminate the Trading Plan at any time. &#160;Sales under the Trading Plan will be disclosed as required by applicable law in public filings with the SEC, including any required amendments to this Schedule 13D.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">Item 6.&#160; Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">Item 6 of the Schedule 13D is hereby amended to add the following:</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Item 4 of this Amendment No. 4 is incorporated herein by reference.</div>
    <div><br>
    </div>
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    <div style="text-align: center;">SIGNATURE</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">After reasonable inquiry and to the best of each of the undersigned knowledge and belief, each of the undersigned certifies that the
      information set forth in this statement is true, complete and correct.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Dated: March 12, 2021</div>
    <div><br>
    </div>
    <div style="text-align: justify;">ICAHN PARTNERS MASTER FUND LP</div>
    <div style="text-align: justify;">ICAHN OFFSHORE LP</div>
    <div style="text-align: justify;">ICAHN PARTNERS LP</div>
    <div style="text-align: justify;">ICAHN ONSHORE LP</div>
    <div style="text-align: justify;">BECKTON CORP.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">By:<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><u>/s/ SungHwan Cho</u></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">Name: SungHwan Cho</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;">Title: Authorized Signatory</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">ICAHN CAPITAL LP</div>
    <div style="text-align: justify; text-indent: 36pt;">By: IPH GP LLC, its general partner</div>
    <div style="text-align: justify; text-indent: 36pt;">By: Icahn Enterprises Holdings L.P., its sole member</div>
    <div style="text-align: justify; text-indent: 36pt;">By: Icahn Enterprises G.P. Inc., its general partner</div>
    <div style="text-align: justify;">IPH GP LLC</div>
    <div style="text-align: justify; text-indent: 36pt;">By: Icahn Enterprises Holdings L.P., its sole member</div>
    <div style="text-align: justify; text-indent: 36pt;">By: Icahn Enterprises G.P. Inc., its general partner</div>
    <div style="text-align: justify;">ICAHN ENTERPRISES HOLDINGS L.P.</div>
    <div style="text-align: justify; text-indent: 36pt;">By: Icahn Enterprises G.P. Inc., its general partner</div>
    <div style="text-align: justify;">ICAHN ENTERPRISES G.P. INC.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">By:<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><u>/s/ SungHwan Cho</u></div>
    <div style="text-align: justify; text-indent: 36pt;">Name: SungHwan Cho</div>
    <div style="text-align: justify; text-indent: 36pt;">Title: Chief Financial Officer</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;"><u>/s/ Carl C. Icahn</u><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 108pt">&#160;</font></div>
    <div style="text-align: justify;">CARL C. ICAHN</div>
    <div><br>
    </div>
    <div style="text-align: center;">[Signature Page of Schedule 13D/A No. 4 &#8211; Occidental Petroleum Corporation]</div>
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