Rhonda J. Morris - 26 Nov 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Rhonda J. Morris
Issuer symbol
CVX
Transactions as of
26 Nov 2021
Net transactions value
-$98,566
Form type
4
Filing time
30 Nov 2021, 17:25:47 UTC
Next filing
21 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $1,012,662 +9,400 +1141% $107.73 10,224 26 Nov 2021 Direct F1, F2
transaction CVX Common Stock Sale $1,072,180 -9,400 -92% $114.06 824 26 Nov 2021 Direct F1, F3
transaction CVX Common Stock Options Exercise $667,926 +6,200 +21% $107.73 35,086 26 Nov 2021 by Spouse F4, F5
transaction CVX Common Stock Sale $706,974 -6,200 -18% $114.03 28,886 26 Nov 2021 by Spouse F4, F6
holding CVX Common Stock 10,253 26 Nov 2021 by 401(k) plan F7
holding CVX Common Stock 770 26 Nov 2021 by Morris Living 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 -9,400 -100% $0.000000* 0 26 Nov 2021 Common Stock 9,400 $107.73 Direct F8
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6,200 -100% $0.000000* 0 26 Nov 2021 Common Stock 6,200 $107.73 by Spouse F8
* 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 August 27, 2021.
F2 This number includes dividend accruals (10 shares).
F3 This transaction was executed in multiple trades at prices ranging from $114.00 to $114.14. 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on August 26, 2021.
F5 This number includes dividend accruals (1,066 shares).
F6 This transaction was executed in multiple trades at prices ranging from $114.00 to $114.08. 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.
F7 Between January 15, 2021 and November 26, 2021, the reporting person acquired 475 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F8 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney