Mark A. Nelson - Feb 7, 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson
Stock symbol
CVX
Transactions as of
Feb 7, 2022
Transactions value $
-$1,149,134
Form type
4
Date filed
2/9/2022, 03:42 PM
Previous filing
Feb 2, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $3.44M +29.5K +3772.38% $116.45 30.3K Feb 7, 2022 Direct
transaction CVX Common Stock Options Exercise $2.9M +25K +82.56% $116.00 55.3K Feb 7, 2022 Direct
transaction CVX Common Stock Sale -$7.48M -54.5K -98.59% $137.33 782 Feb 7, 2022 Direct F1
holding CVX Common Stock 15.9K Feb 7, 2022 by 401(k) plan 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -29.5K -100% $0.00* 0 Feb 7, 2022 Common Stock 29.5K $116.45 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -25K -100% $0.00* 0 Feb 7, 2022 Common Stock 25K $116.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades priced between $137.24 and $137.57. 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.
F2 Between February 1, 2022 and February 7, 2022, the reporting person acquired 8 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 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.
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.