Michael K. Wirth - Feb 25, 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Chairman and CEO, Director
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Michael K. Wirth
Stock symbol
CVX
Transactions as of
Feb 25, 2022
Transactions value $
-$58,080
Form type
4
Date filed
3/1/2022, 04:29 PM
Previous filing
Feb 16, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $361K +3K $120.19 3K Feb 25, 2022 Direct F1
transaction CVX Common Stock Sale -$419K -3K -100% $139.55 0 Feb 25, 2022 Direct F1
holding CVX Common Stock 15.9K Feb 25, 2022 by 401(k) plan
holding CVX Common Stock 17.8K Feb 25, 2022 by Limited Partnership 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 -3K -100% $0.00* 0 Feb 25, 2022 Common Stock 3K $120.19 Direct F3
* 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 14, 2021.
F2 The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
F3 Option granted 3/27/2013. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.