Gerhart Terry R. 4
4 · NOBLE ENERGY INC · Filed Feb 5, 2018
Insider Transaction Report
Form 4
Gerhart Terry L
SVP Global Operations Services
Transactions
- Tax Payment
Noble Energy, Inc. Common Stock
2018-02-01$30.89/sh−208$6,425→ 25,696 total - Award
Noble Energy, Inc. Common Stock
2018-02-01+5,665→ 31,081 total - Exercise/Conversion
Noble Energy, Inc. Common Stock
2018-02-01+3,501→ 34,582 total - Disposition to Issuer
Noble Energy, Inc. Common Stock
2018-02-01$30.89/sh−3,501$108,146→ 31,081 total - Award
Employee Stock Option Grant (Right to Buy)
2018-02-01+7,163→ 7,163 totalExercise: $30.89Exp: 2028-02-01→ Noble Energy, Inc. Common Stock (7,163 underlying) - Exercise/Conversion
Phantom Unit
2018-02-01−3,501→ 0 totalFrom: 2018-02-01Exp: 2018-02-01→ Noble Energy, Inc. Common Stock (3,501 underlying) - Tax Payment
Noble Energy, Inc. Common Stock
2018-02-01$30.89/sh−280$8,649→ 25,416 total
Holdings
- 10,809(indirect: By 401(k))
Noble Energy, Inc. Common Stock
Footnotes (6)
- [F1]Reflects shares relinquished to Noble Energy, Inc. by the reporting person out of, and to cover estimated tax withholding for, restricted shares granted on February 1, 2016, and vesting on February 1, 2018. The stock price reflected in Table I Column 4 was determined based on "fair market value," defined in the 1992 Plan for this transaction as the closing trading price of Noble Energy, Inc. common stock on the NYSE on February 1, 2018.
- [F2]Reflects shares relinquished to Noble Energy, Inc. by the reporting person out of, and to cover estimated tax withholding for, restricted shares granted on February 1, 2017, and vesting on February 1, 2018. The stock price reflected in Table I Column 4 was determined based on "fair market value," defined in the 1992 Plan for this transaction as the closing trading price of Noble Energy, Inc. common stock on the NYSE on February 1, 2018.
- [F3]Restricted shares of Noble Energy, Inc. Common Stock subject to vesting 1/3 after year one, 1/3 after year two and the final 1/3 after year three, granted under the 2017 Plan.
- [F4]Each phantom unit is the economic equivalent of one share of Noble Energy, Inc. Common Stock to be settled in cash upon vesting and subject to a maximum settlement value of $126.60 per unit plus the equivalent value of accrued and unpaid dividends. Phantom units were granted under the 1992 Plan and will vest 100% two years after the date of grant.
- [F5]Reflects settlement of phantom units in cash for, the phantom units granted on February 1, 2016, and vesting on February 1, 2018. The stock price reflected in Table I Column 4 was determined based on "fair market value," defined in the 1992 Plan for this transaction as the closing trading price of Noble Energy, Inc. common stock on the NYSE on February 1, 2018.
- [F6]The option is exercisable in three equal annual installments beginning one year after the date of grant, granted under the 2017 Plan.