Chevron Corp - May 11, 2021 Form 4 Insider Report for Noble Midstream Partners LP (NBLX)

Signature
/s/ Christine L. Cavallo, Assistant Secretary, on behalf of Chevron Corporation
Stock symbol
NBLX
Transactions as of
May 11, 2021
Transactions value $
$0
Form type
4
Date filed
5/11/2021, 06:25 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NBLX Common Units Representing Limited Partner Interests Award $0 +33.8M +59.84% $0.00 90.2M May 11, 2021 See Footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to that certain Agreement and Plan of Merger, dated as of March 4, 2021, by and among Chevron Corporation ("Chevron"), Noble Midstream Partners LP (the "Issuer"), Cadmium Holdings Inc., a wholly-owned subsidiary of Chevron ("Holdings"), Cadmium Merger Sub LLC, a wholly-owned subsidiary of Holdings, and Noble Midstream GP LLC, the general partner of the issuer (the "General Partner") and the other parties thereto, Chevron acquired all of the outstanding common units representing limited partnership interests in the Issuer not already held by Chevron or one of its subsidiaries via a merger (the "Merger") that resulted in the Issuer surviving the Merger as an indirect, wholly-owned subsidiary of Chevron.
F2 This Form 4 is filed jointly by (1) Chevron, a 100% owner of each of Noble Energy, Inc. ("Noble") and Holdings, (2) Noble, a 100% owner of NBL Midstream, LLC ("NBL Midstream"), (3) NBL Midstream, a wholly-owned indirect subsidiary of Noble and owner of all the membership interests of the General Partner. Chevron, as the 100% owner of Holdings and Noble, is deemed to indirectly beneficially own the securities held by Holdings and NBL Midstream. Holdings has separately filed a Form 3 with respect to the securities reported herein.