Pierre R. Breber - Nov 1, 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
VP & Chief Financial Officer
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Pierre R. Breber
Stock symbol
CVX
Transactions as of
Nov 1, 2021
Transactions value $
-$141,504
Form type
4
Date filed
11/3/2021, 04:47 PM
Previous filing
Aug 31, 2021
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $2.15M +20K +285714.29% $107.73 20K Nov 1, 2021 Direct F1, F2
transaction CVX Common Stock Sale -$2.3M -20K -99.97% $114.81 7 Nov 1, 2021 Direct F1, F3
holding CVX Common Stock 18.4K Nov 1, 2021 by 401(k) plan F4
holding CVX Common Stock 28.3K Nov 1, 2021 by Breber Family Trust F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -20K -54.05% $0.00 17K Nov 1, 2021 Common Stock 20K $107.73 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 19, 2021.
F2 This number includes dividend accruals (7 shares).
F3 This transaction was executed in multiple trades at prices ranging from $114.63 to $114.97. 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 sold at each separate price within the range provided.
F4 Between January 21, 2021 and November 1, 2021, the reporting person acquired 1,054 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F5 Includes 686 shares previously directly owned, which are now indirectly owned by the Breber Family Trust.
F6 Option 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.