Occidental Petroleum 2012 Annual Report Download - page 64
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TSRIs
TSRIs
Year Granted
2011
2010
Risk-free interest rate
0.6%
0.6%
Dividend yield
1.8%
1.8%
Volatility factor
33%
32%
Expected life (years)
3
3
Grant-date fair value of underlying Occidental common stock
$102.97
$84.29
Unvested at January 1 (a)
Granted (a)
Vested (b)
Forfeitures
Unvested at December 31 (a)
(a) Unvested awards and award grants are presented at the target or mid-point payouts.
(b) The payout at vesting was 150 percent of the target for TSRIs.