JAMES WILLIAM JOHNSON - 03 May 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for James William Johnson
Issuer symbol
CVX
Transactions as of
03 May 2022
Net transactions value
-$10,370,409
Form type
4
Filing time
05 May 2022, 18:16:19 UTC
Previous filing
15 Feb 2022
Next filing
31 May 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 $11,304,390 +109,000 $103.71 109,000 03 May 2022 Direct
transaction CVX Common Stock Options Exercise $882,000 +10,000 +9.2% $88.20 119,000 03 May 2022 Direct
transaction CVX Common Stock Sale $19,096,811 -119,000 -100% $160.48 0 03 May 2022 Direct F1
transaction CVX Common Stock Options Exercise $5,766,276 +55,600 $103.71 55,600 04 May 2022 Direct
transaction CVX Common Stock Sale $9,226,264 -55,600 -100% $165.94 0 04 May 2022 Direct
holding CVX Common Stock 5,681 03 May 2022 by 401(k) plan F2
holding CVX Common Stock 11,552 03 May 2022 by JWJ Revocable Trust
holding CVX Common Stock 1,000 03 May 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 -109,000 -66% $0.000000 55,600 03 May 2022 Common Stock 109,000 $103.71 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -10,000 -12% $0.000000 70,867 03 May 2022 Common Stock 10,000 $88.20 Direct F4
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -55,600 -100% $0.000000* 0 04 May 2022 Common Stock 55,600 $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.