SEC Form 4 · accession 0001127602-18-035700
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
Dec 6, 2018
Accepted (ET)
Dec 10, 2018 · 4:53 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 StockF1 | Dec 6, 2018 | M | 11,607 | — | A | 11,607 | D | |
| Common Stock | Dec 6, 2018 | D | 11,607 | $115.91 | D | 0 | D | |
| Common Stock | Dec 3, 2018 | G | 70 | $0.00 | D | 0 | I | by GRAT |
| Common Stock | Dec 3, 2018 | G | 70 | $0.00 | D | 0 | I | by Spouse GRAT |
| Common StockF2 | Nov 26, 2018 | G | 844 | $0.00 | D | 20,084 | I | By Pate Family Trust |
| Common StockF3 | holding | — | — | — | 4,376 | I | by 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF4,F1 | $0.00 | Dec 6, 2018 | M | 11,607 | D | — | — | Common Stock | 11,607 | 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 upon vesting. On December 6, 2018, 40 percent of the reporting person's original grant (plus the accrued dividend equivalents) vested and were settled in cash.
- F2This number includes 1,610 shares previously reported as indirectly owned by GRAT and 1,610 shares previously reported as indirectly owned by Spouse GRAT, which are now indirectly owned by the Pate Family Trust as of November 30, 2018.
- F3Between May 10, 2018 and December 6, 2018, the reporting person acquired 80 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
- F4This number includes dividend equivalent accruals that vested on December 6, 2018 (842 shares).