COLIN E. PARFITT - 25 Feb 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Colin E. Parfitt
Issuer symbol
CVX
Transactions as of
25 Feb 2022
Net transactions value
-$1,463,620
Form type
4
Filing time
01 Mar 2022, 17:55:52 UTC
Previous filing
24 Feb 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $1,044,000 +9,000 +1349% $116.00 9,667 25 Feb 2022 Direct F1
transaction CVX Common Stock Options Exercise $1,832,380 +22,000 +228% $83.29 31,667 25 Feb 2022 Direct F1
transaction CVX Common Stock Sale $4,340,000 -31,000 -98% $140.00 667 25 Feb 2022 Direct F1
holding CVX Common Stock 4,939 25 Feb 2022 by 401(k) plan
holding CVX Common Stock 1,880 25 Feb 2022 UK benefits plan

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 -9,000 -50% $0.000000 9,000 25 Feb 2022 Common Stock 9,000 $116.00 Direct F2
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -22,000 -32% $0.000000 47,700 25 Feb 2022 Common Stock 22,000 $83.29 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 20, 2021.
F2 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.
F3 Option granted 1/27/2016. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.