SEC Form 4 · accession 0001127602-18-003797
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Wirth
Officer — Chairman and CEO · Director
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000093410
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $125.35 | Jan 31, 2018 | A | 182,100 | A | — | Jan 31, 2028 | Common Stock | 182,100 | 182,100 | D |
| Restricted Stock UnitsF2 | $0.00 | Jan 31, 2018 | A | 26,430 | A | — | — | Common Stock | 26,430 | 26,430 | D |
Explanation of responses
- F1One-third of the shares subject to the option vest on January 31, 2019, January 31, 2020 and January 31, 2021, respectively.
- F2Restricted stock units granted under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2023.