| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVX | Common Stock | Options Exercise | $7,540,000 | +65,000 | $116.00 | 65,000 | 27 Jan 2022 | Direct | F1 | |
| transaction | CVX | Common Stock | Sale | $8,775,065 | -65,000 | -100% | $135.00 | 0 | 27 Jan 2022 | Direct | F1, F2 |
| holding | CVX | Common Stock | 6,528 | 26 Jan 2022 | By 401(k) plan | F3 | |||||
| holding | CVX | Common Stock | 12,602 | 26 Jan 2022 | By Pate Family Trust | ||||||
| holding | CVX | Common Stock | 4,532 | 26 Jan 2022 | By Spouse Trust | F4 |
| 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) | Award | $0 | +43,100 | $0.000000 | 43,100 | 26 Jan 2022 | Common Stock | 43,100 | $132.69 | Direct | F5 | |
| transaction | CVX | Restricted Stock Units | Award | $0 | +7,650 | $0.000000 | 7,650 | 26 Jan 2022 | Common Stock | 7,650 | $0.000000 | Direct | F6 | |
| transaction | CVX | Non-Qualified Stock Option (Right to Buy) | Options Exercise | $0 | -65,000 | -100% | $0.000000* | 0 | 27 Jan 2022 | Common Stock | 65,000 | $116.00 | Direct | F7 |
| 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 May 26, 2021. |
| F2 | This transaction was executed in multiple trades at prices ranging from $135.00 to $135.02. 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 | Between January 21, 2022 and January 27, 2022, the reporting person acquired 46 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan. |
| F4 | The reporting person disclaims beneficial ownership of the shares held by his spouse's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares held by his spouse's trust for purposes of Section 16 or for any other purpose. |
| F5 | One-third of the shares subject to the option vest on January 31, 2023, January 31, 2024 and January 31, 2025, respectively. |
| F6 | Restricted stock units granted 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, 2027. |
| F7 | 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. |