Thread regarding Occidental Petroleum Corp. layoffs

LAPC LTI

Anadarko.sharepoint.com/sites/weareoxy/site pages/LTI-QA.aspx

2nd bullet point: A participant’s 2020 Long-Term Incentive will be no less than what they actually received in March 2019.

This was information provided by OXY to determine what decisions we made about our employment.

Just another brick in the lawsuit wall.

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| 1891 views | | 1 reply (March 30, 2020) | Reply
Post ID: @OP+14eujkB1

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Well all of our LTI ended up being significantly less because the strike price was set so early and the stock dropped so much before it was awarded. If they had set the strike price later in the quarter like APC used to do we would have all received more shares.

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Post ID: @gdh+14eujkB1

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