SEC Form 4 · accession 0001127602-16-038236
NOBLE ENERGY INC · NBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Stover
Officer — President, CEO & Director · Director
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 4:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072207
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Noble Energy, Inc. Common Stock | Jan 27, 2016 | M | 31,960 | $22.97 | A | 399,633 | D | |
| Noble Energy, Inc. Common StockF2 | Jan 27, 2016 | S | 21,293 | $28.7614 | D | 378,340 | D | |
| Noble Energy, Inc. Common StockF3 | Jan 27, 2016 | S | 10,667 | $29.413 | D | 367,673 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option Grant (Right to Buy)F4 | $22.97 | Jan 27, 2016 | M | 31,960 | D | — | Feb 1, 2016 | Noble Energy, Inc. Common Stock | 31,960 | 0 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2This transaction was executed in multiple trades from $28.21 to $29.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades from $29.21 to $29.78. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4Options vest 1/3 each year for three years.