R. Hewitt Pate - Jan 31, 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role: VP and General Counsel
Signature: /s/ Rose Z. Pierson, Attorney-in-Fact for R. Hewitt Pate
Stock symbol: CVX
Transactions as of: Jan 31, 2022
Transactions value $: -$969,215
Form type: 4
Date filed: 2/2/2022, 04:23 PM
Previous filing: Jan 28, 2022
Next filing: Feb 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVX	Common Stock	Options Exercise	$0	+7.38K		$0.00	7.38K	Jan 31, 2022	Direct	F1
transaction	CVX	Common Stock	Disposed to Issuer	-$969K	-7.38K	-100%	$131.33	0	Jan 31, 2022	Direct
holding	CVX	Common Stock						6.53K	Jan 31, 2022	By 401(k) plan
holding	CVX	Common Stock						12.6K	Jan 31, 2022	By Pate Family Trust
holding	CVX	Common Stock						4.53K	Jan 31, 2022	By Spouse Trust	F2

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	-7.38K	-100%	$0.00^*	0	Jan 31, 2022	Common Stock	7.38K	$0.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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. The restricted stock units are payable in cash and vested on January 31, 2022.
F2	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.