James William Johnson - May 3, 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for James William Johnson
Stock symbol
CVX
Transactions as of
May 3, 2022
Transactions value $
-$10,370,409
Form type
4
Date filed
5/5/2022, 06:16 PM
Previous filing
Feb 15, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $11.3M +109K $103.71 109K May 3, 2022 Direct
transaction CVX Common Stock Options Exercise $882K +10K +9.17% $88.20 119K May 3, 2022 Direct
transaction CVX Common Stock Sale -$19.1M -119K -100% $160.48 0 May 3, 2022 Direct F1
transaction CVX Common Stock Options Exercise $5.77M +55.6K $103.71 55.6K May 4, 2022 Direct
transaction CVX Common Stock Sale -$9.23M -55.6K -100% $165.94 0 May 4, 2022 Direct
holding CVX Common Stock 5.68K May 3, 2022 by 401(k) plan F2
holding CVX Common Stock 11.6K May 3, 2022 by JWJ Revocable Trust
holding CVX Common Stock 1K May 3, 2022 by Spouse Revocable 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 -109K -66.22% $0.00 55.6K May 3, 2022 Common Stock 109K $103.71 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -10K -12.37% $0.00 70.9K May 3, 2022 Common Stock 10K $88.20 Direct F4
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -55.6K -100% $0.00* 0 May 4, 2022 Common Stock 55.6K $103.71 Direct F3
* 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 at prices ranging from $160.12 to $160.75. 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 12, 2022 and May 4, 2022, the reporting person acquired 47 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 Option granted 1/28/2015. 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 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, and one-third of the shares subject to the option will vest on January 31, 2023 and January 31, 2024, respectively.