SEC Form 3 · accession 0001127602-19-010634
CHEVRON CORP · CVX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Colin E Parfitt
Officer — Vice President
Period of report
Mar 1, 2019
Accepted (ET)
Mar 8, 2019 · 4:48 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 Stock | holding | — | — | — | 580 | D | ||
| Common StockF1 | holding | — | — | — | 2,994 | I | by 401(k) plan | |
| Common StockF2 | holding | — | — | — | 1,880 | I | UK benefits plan |
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)F3 | $107.73 | holding | — | — | — | — | Jan 25, 2022 | Common Stock | 15,000 | — | D |
| Non-Qualified Stock Option (Right to Buy)F4 | $116.45 | holding | — | — | — | — | Jan 30, 2023 | Common Stock | 15,500 | — | D |
| Non-Qualified Stock Option (Right to Buy)F5 | $116.00 | holding | — | — | — | — | Jan 29, 2024 | Common Stock | 18,000 | — | D |
| Non-Qualified Stock Option (Right to Buy)F6 | $103.71 | holding | — | — | — | — | Jan 28, 2025 | Common Stock | 47,700 | — | D |
| Non-Qualified Stock Option (Right to Buy)F7 | $83.29 | holding | — | — | — | — | Jan 27, 2026 | Common Stock | 69,700 | — | D |
| Non-Qualified Stock Option (Right to Buy)F8 | $117.24 | holding | — | — | — | — | Jan 25, 2027 | Common Stock | 18,100 | — | D |
| Non-Qualified Stock Option (Right to Buy)F9 | $125.35 | holding | — | — | — | — | Jan 31, 2028 | Common Stock | 15,400 | — | D |
| Non-Qualified Stock Option (Right to Buy)F10 | $113.01 | holding | — | — | — | — | Jan 30, 2029 | Common Stock | 18,200 | — | D |
| Phantom Stock UnitsF11 | — | holding | — | — | — | — | — | Common Stock | 1,252 | — | I |
| Restricted Stock UnitsF12 | — | holding | — | — | — | — | — | Common Stock | 4,077 | — | D |
| Restricted Stock UnitsF13 | — | holding | — | — | — | — | — | Common Stock | 2,509 | — | D |
| Restricted Stock UnitsF14 | — | holding | — | — | — | — | — | Common Stock | 2,315 | — | D |
| Restricted Stock UnitsF15 | — | holding | — | — | — | — | — | Common Stock | 4,080 | — | D |
| Restricted Stock UnitsF16 | — | holding | — | — | — | — | — | Common Stock | 2,550 | — | D |
Explanation of responses
- F1This number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Corporation Employee Savings and Investment Plan, a 401 (k) plan.
- F10Option granted 1/30/2019. One-third of the shares subject to the option vest on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.
- F11Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.
- F12Restricted stock units granted on 1/25/2017 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, 2020.
- F13Restricted stock units granted on 1/25/2017 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, 2022.
- F14Restricted stock units granted on 1/31/2018 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.
- F15Restricted stock units granted on 1/30/2019 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, 2022.
- F16Restricted stock units granted on 1/30/2019 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, 2024.
- F2This number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Heritage Nominee Service, a UK benefits plan.
- F3Option granted 1/25/2012. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.
- F4Option granted 1/30/2013. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.
- F5Option granted 1/29/2014. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.
- F6Option granted 1/28/2015. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.
- F7Option granted 1/27/2016. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.
- F8Option granted 1/25/2017. One-third of the shares subject to the option vested on January 31, 2018, and one-third of the shares vested on January 31, 2019. The balance of the shares vests on January 31, 2020
- F9Option granted 1/31/2018. One-third of the shares subject to the option vested on January 31, 2019, and one-third of the shares subject to the option will vest on January 31, 2020 and January 31, 2021, respectively.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney.