UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person W. P. (Pete) Woodward Kerr-McGee Center P.O. Box 25861 OK, Oklahoma City 73125 2. Issuer Name and Ticker or Trading Symbol KERR-McGEE CORPORATION (KMG) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 5/31/2002 5. If Amendment, Date of Original (Month/Year) 5/31/2002 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Senior Vice President 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person ___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |5/14/ |A | |5000 1 |A | |20400 |D | | |2002 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | |7636 2 |I |By Trustee/EDCP | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | |2465.56 2 |I |By Trustee/ESOP | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock | | | | | | |3205.82 2 |I |By Trustee/SIP | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Option (Right to Buy) |$61.46 |5/14/|A |V|25250 |A | |05/14|Common Stock|25250 | |25250 |D | | | | 2002| | | | | |/2002| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$40.2188| | | | | | |01/12|Common Stock| | |11000 |D | | | | | | | | | |/2009| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$44.00 | | | | | | |03/08|Common Stock| | |567 |D | | | | | | | | | |/2004| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$54.0625| | | | | | |07/11|Common Stock| | |1134 |D | | | | | | | | | |/2005| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$54.16 | | | | | | |01/08|Common Stock| | |25250 |D | | | | | | | | | |/2012| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$59.6563| | | | | | |01/13|Common Stock| | |10000 |D | | | | | | | | | |/2008| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$62.1250| | | | | | |07/09|Common Stock| | |2200 |D | | | | | | | | | |/2006| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$63.5313| | | | | | |01/11|Common Stock| | |25000 |D | | | | | | | | | |/2010| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$63.6875| | | | | | |05/13|Common Stock| | |9000 |D | | | | | | | | | |/2007| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |$65.19 | | | | | | |01/09|Common Stock| | |40000 |D | | | | | | | | | |/2011| | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________| Explanation of Responses: 1. 5,000 shares of restricted stock. Restrictions will lapse on May 14, 2005. 2. As of December 31, 2001.