SEC Form 4 · accession 0001127602-16-059410
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Wirth
Officer — Executive Vice President
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 4:31 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 Stock | Aug 1, 2016 | M | 4,222 | $74.08 | A | 4,222 | D | |
| Common StockF1 | Aug 1, 2016 | S | 4,222 | $99.5523 | D | 0 | D | |
| Common Stock | Aug 1, 2016 | M | 120,778 | $74.08 | A | 120,778 | D | |
| Common StockF2 | Aug 1, 2016 | S | 120,778 | $100.5004 | D | 0 | D | |
| Common StockF3 | holding | — | — | — | 12,517 | I | by 401(k) plan | |
| Common Stock | holding | — | — | — | 17,784 | I | By Wirth Revocable 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 | $74.08 | Aug 1, 2016 | M | 4,222 | D | — | Mar 28, 2017 | Common Stock | 4,222 | 120,778 | D |
| Non-Qualified Stock Option (Right to Buy)F4 | $74.08 | Aug 1, 2016 | M | 120,778 | D | — | Mar 28, 2017 | Common Stock | 120,778 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $99.49 to $99.66. 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.
- F2This transaction was executed in multiple trades at prices ranging from $100.00 to $100.87. 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.
- F3Between December 5, 2015 and August 1, 2016, the reporting person acquired 414 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
- F4Option granted 3/28/2007. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.