Pierre R. Breber - 09 Nov 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Pierre R. Breber
Issuer symbol
CVX
Transactions as of
09 Nov 2021
Net transactions value
-$140,877
Form type
4
Filing time
10 Nov 2021, 19:20:52 UTC
Previous filing
03 Nov 2021
Next filing
01 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $1,831,410 +17,000 +242857% $107.73 17,007 09 Nov 2021 Direct F1
transaction CVX Common Stock Sale $1,972,287 -17,000 -100% $116.02 7 09 Nov 2021 Direct F1, F2
holding CVX Common Stock 18,416 09 Nov 2021 by 401(k) plan
holding CVX Common Stock 28,321 09 Nov 2021 by Breber Family Trust

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 -17,000 -100% $0.000000* 0 09 Nov 2021 Common Stock 17,000 $107.73 Direct F3
* 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 transaction was executed in multiple trades at prices ranging from $116.00 to $116.04. 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.
F3 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.