SEC Form 4 · accession 0001127602-16-067757
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Hewitt Pate
Officer — VP and General Counsel
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 4:34 pm EST
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 | Nov 16, 2016 | M | 25,500 | $73.70 | A | 25,500 | D | |
| Common Stock | Nov 16, 2016 | S | 25,500 | $108.2043 | D | 0 | D | |
| Common StockF1 | holding | — | — | — | 3,374 | I | by 401(k) plan | |
| Common Stock | holding | — | — | — | 18,268 | I | By Pate Family Trust | |
| Common StockF2 | holding | — | — | — | 1,900 | I | by GRAT | |
| Common StockF2 | holding | — | — | — | 1,900 | I | by Spouse GRAT |
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)F3 | $73.70 | Nov 16, 2016 | M | 25,500 | D | — | Jan 27, 2020 | Common Stock | 25,500 | 76,500 | D |
Explanation of responses
- F1Between August 22, 2015 and November 16, 2016, the reporting person acquired 618 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
- F2These shares were previously reported as indirectly owned by the Pate Revocable Family Trust but were later contributed to two grantor retained annuity trusts (GRATs).
- F3Option granted 1/27/2010. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.