SEC Form 4 · accession 0001127602-17-003645

NOBLE ENERGY INC · NBL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr. VP Gen. Counsel & Sec.

Period of report

Feb 1, 2017

Accepted (ET)

Feb 2, 2017 · 4:59 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^F1	Feb 1, 2017	F	1,752	$39.46	D	125,398	D
Noble Energy, Inc. Common Stock^F2	Feb 1, 2017	A	13,515	$0.00	A	138,913	D
Noble Energy, Inc. Common Stock^F3	Feb 1, 2017	A	27,030	$0.00	A	165,943	D
Noble Energy, Inc. Common Stock	holding	—	—		—	5,703	I	401(k)

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	$39.46	Feb 1, 2017	A	40,221	A	—	Feb 1, 2027	Noble Energy, Inc. Common Stock	40,221	40,221	D

F1Reflects shares relinquished to Noble Energy, Inc. by the reporting person out of, and to cover estimated tax withholding for, restricted shares granted on February 1, 2016, and vesting on February 1, 2017. The stock price reflected in Table I Column 4 was determined based on "fair market value," defined in the 1992 Plan for this transaction as the closing trading price of Noble Energy, Inc. common stock on the NYSE on February 1, 2017.
F2Restricted shares of Noble Energy, Inc. Common Stock subject to vesting 40% after year one and the final 60% after year two, granted under the 1992 Plan.
F3Performance restricted stock will vest three years after the date of grant upon, and subject to a formula related to, the Company's achievement of certain levels of total shareholder return (TSR) relative to a pre-determined industry peer group, granted under the 1992 Plan.
F4The option is exercisable in three equal annual installments beginning one year after the date of grant.