Pierre R. Breber - 17 Dec 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
Issuer symbol
CVX
Transactions as of
17 Dec 2021
Net transactions value
-$49,075
Form type
4
Filing time
21 Dec 2021, 19:25:48 UTC
Previous filing
01 Dec 2021
Next filing
28 Jan 2022
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 $0 +89 +1271% $0.000000 96 17 Dec 2021 Direct
transaction CVX Common Stock Tax liability $10,110 -89 -93% $113.60 7 17 Dec 2021 Direct F1
transaction CVX Common Stock Options Exercise $0 +81 +1157% $0.000000 88 17 Dec 2021 Direct
transaction CVX Common Stock Tax liability $9,202 -81 -92% $113.60 7 17 Dec 2021 Direct F1
transaction CVX Common Stock Options Exercise $0 +90 +1286% $0.000000 97 17 Dec 2021 Direct
transaction CVX Common Stock Tax liability $10,224 -90 -93% $113.60 7 17 Dec 2021 Direct F1
transaction CVX Common Stock Options Exercise $0 +172 +2457% $0.000000 179 17 Dec 2021 Direct
transaction CVX Common Stock Tax liability $19,539 -172 -96% $113.60 7 17 Dec 2021 Direct F1
holding CVX Common Stock 18,626 17 Dec 2021 by 401(k) plan F2
holding CVX Common Stock 28,321 17 Dec 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 Restricted Stock Units Options Exercise $0 -89 -0.91% $0.000000 9,697 17 Dec 2021 Common Stock 89 $0.000000 Direct F3, F4
transaction CVX Restricted Stock Units Options Exercise $0 -81 -0.9% $0.000000 8,909 17 Dec 2021 Common Stock 81 $0.000000 Direct F5, F6
transaction CVX Restricted Stock Units Options Exercise $0 -90 -0.9% $0.000000 9,887 17 Dec 2021 Common Stock 90 $0.000000 Direct F7, F8
transaction CVX Restricted Stock Units Options Exercise $0 -172 -1.7% $0.000000 9,924 17 Dec 2021 Common Stock 172 $0.000000 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.
F2 Between November 10, 2021 and December 17, 2021, the reporting person acquired 210 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 Restricted stock units granted on January 25, 2017 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2022.
F4 Between December 18, 2020 and December 17, 2021, the reporting person acquired dividend equivalents (467 shares).
F5 Restricted stock units granted on January 31, 2018 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2023.
F6 Between December 18, 2020 and December 17, 2021, the reporting person acquired dividend equivalents (428 shares).
F7 Restricted stock units granted on January 30, 2019 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2024.
F8 Between December 18, 2020 and December 17, 2021, the reporting person acquired dividend equivalents (476 shares).
F9 Restricted stock units granted on January 29, 2020 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2025.
F10 This number includes dividend equivalents (1,026 shares).