Jeffrey W. Ubben - Nov 28, 2023 Form 4 Insider Report for EXXON MOBIL CORP (XOM)

Role
Director
Signature
/s/ Jeffrey W. Ubben
Stock symbol
XOM
Transactions as of
Nov 28, 2023
Transactions value $
-$216,127,428
Form type
4
Date filed
11/30/2023, 09:45 PM
Previous filing
Nov 8, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOM Common Stock, without par value ("Common Stock") Sale -$216M -2.08M -100% $104.06 0 Nov 28, 2023 See footnotes F1, F2, F4
holding XOM Common Stock 13K Nov 28, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.90 to $104.545, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F2 The securities reported herein were held by certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. ("In-Cap"). Mr. Jeffrey W. Ubben ("Mr. Ubben" or the "Reporting Person") indirectly controls In-Cap.
F3 Represents restricted stock grants awarded to Mr. Ubben. The Reporting Person is deemed to hold the award for the benefit of the In-Cap Funds managed by In-Cap and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the awards directly to the In-Cap Funds.
F4 The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.