SEC Form 4 · accession 0001127602-19-004166
NOBLE ENERGY INC · NBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent J Smolik
Officer — President & COO
Period of report
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 5:09 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 StockF1 | Feb 1, 2019 | A | 45,779 | $0.00 | A | 184,833 | 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)F2 | $22.39 | Feb 1, 2019 | A | 81,241 | A | — | Feb 1, 2029 | Noble Energy, Inc. Common Stock | 81,241 | 81,241 | D |
| Phantom UnitF3 | — | Feb 1, 2019 | A | 18,311 | A | Feb 1, 2022 | Feb 1, 2022 | Noble Energy, Inc. Common Stock | 18,311 | 18,311 | D |
Explanation of responses
- F1Restricted shares of Noble Energy, Inc. Common Stock subject to vesting 40% after year one, 40% after year two and the final 20% after year three, granted under the 2017 Plan.
- F2The option is exercisable in three equal annual installments beginning one year after the date of grant, granted under the 2017 Plan.
- F3Each phantom unit is the economic equivalent of one share of Noble Energy, Inc. Common Stock to be settled in cash upon vesting plus the equivalent value of accrued and unpaid dividends. Phantom units were granted under the 2017 Plan and will vest 100% three years after the date of grant.