SEC Form 4 · accession 0001127602-18-023911
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles W Moorman
Director
Period of report
Jul 24, 2018
Accepted (ET)
Jul 26, 2018 · 4:40 pm EDT
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,F2 | $125.16 | Jul 24, 2018 | A | 10,332 | A | May 30, 2019 | May 30, 2028 | Common Stock | 10,332 | 10,332 | D |
Explanation of responses
- F1Stock option granted in lieu of the annual cash retainer at the Director's election. This stock option was, through oversight, not granted on May 30, 2018, the day of the Annual Meeting of Stockholders, and as a result has been granted not at a discount and on the same terms and conditions as if the grant had been made on that date.
- F2The option vests as follows: 50 percent on November 30, 2018 and the remaining 50 percent on the earlier of the last day of the Annual Compensation Cycle to which the grant relates or May 30, 2019.