Larceny of Merchandise from Retailer Between $500 and $1,000
Oklahoma Property Crimes
Okla. Stat. tit. 21 § 1704
Okla. Stat. tit. 21 § 1731(4)

Crime:
In Oklahoma, larceny from a retail or wholesale establishment is treated differently than other larceny.

Punishment:
Larceny from retail or wholesale establishment of property valued between $500 and $1,000 is a felony and is punishable by up to one (1) year imprisonment in the county jail or by imprisonment in the county jail for one or more nights or weekends at the option of the court, and a fine of up to $5,000.  Additionally the defendant will be ordered to provide restitution to the victim.

Title 21. Crimes and Punishments
Chapter 68 - Larceny Section 1704 - Grand Larceny and Petit Larceny -

Definitions Grand larceny is larceny committed in either of the following cases:

1. When the property taken is of value exceeding Five Hundred Dollars ($500.00).

2. When such property, although not of value exceeding Five Hundred Dollars ($500.00), is taken from the person of another.

Larceny in other cases is petit larceny.

Title 21. Crimes and Punishments 
Chapter 68 - Larceny 
Section 1731 - Larceny of Merchandise from Retailer or Wholesaler - Punishment - Subsequent Convictions 

Larceny of merchandise held for sale in retail or wholesale establishments shall be punishable as follows: 

1. For the first conviction, in the event the value of the goods, edible meat or other corporeal property which has been taken is less than Five Hundred Dollars ($500.00), the violator shall be punishable by imprisonment in the county jail for a term not exceeding thirty (30) days, and by a fine not less than Ten Dollars ($10.00) nor more than Five Hundred Dollars ($500.00); provided for the first conviction, in the event more than one item of goods, edible meat or other corporeal property has been taken, punishment shall be by imprisonment in the county jail for a term not to exceed thirty (30) days, and by a fine not less than Fifty Dollars ($50.00) nor more than Five Hundred Dollars ($500.00). 

2. If it be shown, in the trial of a case in which the value of the goods, edible meat or other corporeal property is less than Five Hundred Dollars ($500.00), that the defendant has been once before convicted of the same offense, the defendant shall, on a second conviction, be punished by confinement in the county jail for a term of not less than thirty (30) days nor more than one (1) year, and by a fine not exceeding One Thousand Dollars ($1,000.00). 

3. If it be shown, upon the trial of a case where the value of the goods, edible meat or other corporeal personal property is less than Five Hundred Dollars ($500.00), that the defendant has two or more times before been convicted of the same offense, regardless of the value of the goods, edible meat or other corporeal personal property involved in the first two convictions, upon the third or any subsequent conviction, the punishment shall be imprisonment in the State Penitentiary for a term of not less than two (2) nor more than five (5) years.

4. In the event the value of the goods, edible meat or other corporeal property is Five Hundred Dollars ($500.00) or more, but is less than One Thousand Dollars ($1,000.00), the defendant shall be guilty of a felony and shall be punished by imprisonment in the county jail for a term of not more than one (1) year or by imprisonment in the county jail for one or more nights or weekends pursuant to Section 991a-2 of Title 22 of the Oklahoma Statutes, at the option of the court, and shall be subject to a fine of not more than Five Thousand Dollars ($5,000.00) and ordered to provide restitution to the victim as provided in Section 991a of Title 22 of the Oklahoma Statutes. 

5. In the event the value of the goods, edible meat or other corporeal property is One Thousand Dollars ($1,000.00) or more, punishment shall be imprisonment in the State Penitentiary for a term of not less than one (1) year nor more than five (5) years.