SEC Form 4 · accession 0001127602-18-003009
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
Jan 28, 2018
Accepted (ET)
Jan 30, 2018 · 5:22 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 StockF1 | Jan 28, 2018 | M | 11,180 | $0.00 | A | 11,180 | D | |
| Common Stock | Jan 28, 2018 | D | 11,180 | $131.19 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 3,981 | I | by 401(k) plan | |
| Common StockF3 | holding | — | — | — | 18,708 | I | By Pate Family Trust | |
| Common Stock | holding | — | — | — | 1,680 | I | by GRAT | |
| Common Stock | holding | — | — | — | 1,680 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | $0.00 | Jan 28, 2018 | M | 11,180 | D | — | — | Common Stock | 11,180 | 0 | D |
Explanation of responses
- F1Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units are payable in cash and vested on January 28, 2018.
- F2Between October 17, 2017 and January 28, 2018, the reporting person acquired 111 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
- F3This number includes 1,320 shares previously reported as indirectly owned by GRAT and 1,320 shares previously reported as indirectly owned by Spouse GRAT, which are now indirectly owned by the Pate Family Trust.