Pierre R. Breber - 22 Feb 2022 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: 22 Feb 2022
Net transactions value: -$304,305
Form type: 4
Filing time: 24 Feb 2022, 17:27:15 UTC
Previous filing: 10 Feb 2022
Next filing: 02 Mar 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	$2,154,325	+18,500	+264286%	$116.45	18,507	22 Feb 2022	Direct	F1
transaction	CVX	Common Stock	Sale	$2,458,630	-18,500	-100%	$132.90	7	22 Feb 2022	Direct	F1
holding	CVX	Common Stock						18,626	22 Feb 2022	by 401(k) plan
holding	CVX	Common Stock						28,321	22 Feb 2022	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	Non-Qualified Stock Option (Right to Buy)	Options Exercise	$0	-18,500	-100%	$0.000000^*	0	22 Feb 2022	Common Stock	18,500	$116.45	Direct	F2

* 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 November 21, 2021.
F2	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.