James William Johnson - Dec 7, 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for James William Johnson
Stock symbol
CVX
Transactions as of
Dec 7, 2021
Transactions value $
-$35,207
Form type
4
Date filed
12/9/2021, 03:52 PM
Previous filing
Oct 22, 2021
Next filing
Dec 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $870K +7.5K $116.00 7.5K Dec 7, 2021 Direct F1
transaction CVX Common Stock Sale -$887K -7.5K -100% $118.33 0 Dec 7, 2021 Direct F1, F2
transaction CVX Common Stock Options Exercise $873K +7.5K $116.45 7.5K Dec 8, 2021 Direct F1
transaction CVX Common Stock Sale -$891K -7.5K -100% $118.81 0 Dec 8, 2021 Direct F1, F3
holding CVX Common Stock 5.57K Dec 7, 2021 by 401(k) plan
holding CVX Common Stock 11.6K Dec 7, 2021 by JWJ Revocable Trust
holding CVX Common Stock 1K Dec 7, 2021 by Spouse Revocable 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 -7.5K -8.33% $0.00 82.5K Dec 7, 2021 Common Stock 7.5K $116.00 Direct F4
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -7.5K -9.68% $0.00 70K Dec 8, 2021 Common Stock 7.5K $116.45 Direct F5
* 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 25, 2021.
F2 This transaction was executed in multiple trades at prices ranging from $118.32 to $118.35. 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 and prices at which the transactions were effected.
F3 This transaction was executed in multiple trades at prices ranging from $118.78 to $118.95. 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 and prices at which the transaction was effected.
F4 Option granted 1/29/2014. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.
F5 Option granted 1/30/2013. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.