SEC Form 4 · accession 0001127602-17-032261
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pierre R Breber
Officer — Executive Vice President
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 6:53 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 StockF2 | Nov 13, 2017 | M | 23,250 | $73.70 | A | 42,182 | D | |
| Common StockF3 | Nov 13, 2017 | S | 23,250 | $116.8469 | D | 18,932 | D | |
| Common StockF4 | holding | — | — | — | 13,921 | I | by 401(k) plan | |
| Common Stock | holding | — | — | — | 4,300 | I | by Breber 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)F5 | $73.70 | Nov 13, 2017 | M | 23,250 | D | — | Jan 27, 2020 | Common Stock | 23,250 | 23,250 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2017.
- F2This number includes dividend accruals (16 shares).
- F3This transaction was executed in multiple trades at prices ranging from $116.68 to $117.17. 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.
- F4Between February 3, 2017 and November 13, 2017, the reporting person acquired 669 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
- F5Option 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.