UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
David A. Hager
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
12/2002
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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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 |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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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 |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice 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 | | | Amount | |ble | | | |Year |(I)| |
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Option (Right to Buy) |$61.46 | | | | | |05/14|Common Stock| | |16275 |D | |
| | | | | | |/2012| | | | | | |
| | | | | | | 1 | | | | | | |
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Option (Right to Buy) |$68.7669| | | | | |01/02|Common Stock| | |5535 |D | |
| | | | | | |/2008| | | | | | |
| | | | | | | 2 | | | | | | |
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Option (Right to Buy) |$32.0122| | | | | |01/03|Common Stock| | |904 |D | |
| | | | | | |/2005| | | | | | |
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Option (Right to Buy) |$36.5854| | | | | |01/02|Common Stock| | |2177 |D | |
| | | | | | |/2006| | | | | | |
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Option (Right to Buy) |$47.2629| | | | | |01/03|Common Stock| | |2509 |D | |
| | | | | | |/2004| | | | | | |
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Option (Right to Buy) |$53.1843| | | | | |01/04|Common Stock| | |520 |D | |
| | | | | | |/2003| | | | | | |
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Option (Right to Buy) |$53.9688| | | | | |07/13|Common Stock| | |2500 |D | |
| | | | | | |/2009| | | | | | |
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Option (Right to Buy) |$54.16 | | | | | |01/08|Common Stock| | |16575 |D | |
| | | | | | |/2012| | | | | | |
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Option (Right to Buy) |$63.5313| | | | | |01/11|Common Stock| | |300 |D | |
| | | | | | |/2010| | | | | | |
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Option (Right to Buy) |$65.19 | | | | | |01/09|Common Stock| | |11250 |D | |
| | | | | | |/2011| | | | | | |
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Option (Right to Buy) |$65.7182| | | | | |01/02|Common Stock| | |2066 |D | |
| | | | | | |/2007| | | | | | |
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Explanation of Responses:
1. The expiration date of this grant was previously reported as 05/14/2002.
The correct expiration date is 05/14/2012.
2. The expiration date of this grant was previously reported on Mr. Hager's
Form 3 as 01/02/1998. The correct expiration date is 01/02/2008.
SIGNATURE OF REPORTING PERSON
David A. Hager
By: Anita L. Brodrick Per Attached Power Of Attorney