SEC Form 4 · accession 0001127602-16-053803
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Enrique Hernandez Jr.
Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000093410
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 25, 2016 | A | 2,245 | $0.00 | A | 16,784 | D | |
| Common StockF3 | holding | — | — | — | 4,963 | I | by Hernandez Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F4,F5 | $101.77 | May 25, 2016 | A | 14,335 | A | May 25, 2017 | May 25, 2026 | Common Stock | 14,335 | 14,335 | D |
Explanation of responses
- F1This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
- F2This number includes the acquisition of dividend equivalent accruals on stock units (674 shares).
- F31,904 shares previously reported as directly owned are now indirectly owned by Trust as of 7/1/2015.
- F4Stock option granted in lieu of the annual cash retainer at the Director's election.
- F5The option vests as follows: 50 percent on November 25, 2016 and the remaining 50 percent on the earlier of the last day of the Annual Compensation Cycle to which the grant relates or May 25, 2017.