CHEVRON CORP 4
4 · CHEVRON CORP · Filed Feb 28, 2012
Insider Transaction Report
Form 4
CHEVRON CORPCVX
WATSON JOHN S
Executive Vice President
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2012-02-24−115,000→ 0 totalExercise: $56.76Exp: 2015-06-29→ Common Stock (115,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2012-02-24−125,000→ 0 totalExercise: $56.63Exp: 2016-03-23→ Common Stock (125,000 underlying) - Exercise/Conversion
Common Stock
2012-02-24$56.76/sh+115,000$6,527,400→ 131,794 total - Exercise/Conversion
Common Stock
2012-02-24$56.63/sh+125,000$7,078,750→ 256,794 total - Sale
Common Stock
2012-02-24$109.09/sh−180,000$19,636,362→ 76,794 total
Holdings
- 21,275(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]This transaction was executed in multiple trades priced between $109.01 and $109.22. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F2]Includes 4,272 shares previously reported as indirectly owned by GRAT and by Spouse GRAT which became directly owned on October 28, 2011 and December 22, 2011.
- [F3]Between June 28, 2011 and February 24, 2012, the reporting person acquired 512 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
- [F4]One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.