Mark A. Nelson - May 10, 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson
Stock symbol
CVX
Transactions as of
May 10, 2022
Transactions value $
-$7,970,062
Form type
4
Date filed
5/12/2022, 06:51 PM
Previous filing
Feb 9, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $4.95M +47.7K +6053.3% $103.71 48.5K May 10, 2022 Direct F1
transaction CVX Common Stock Options Exercise $5.81M +69.7K +143.75% $83.29 118K May 10, 2022 Direct
transaction CVX Common Stock Sale -$18.7M -117K -99.33% $159.47 788 May 10, 2022 Direct F2
holding CVX Common Stock 16.1K May 10, 2022 by 401(k) plan F3

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 -47.7K -100% $0.00* 0 May 10, 2022 Common Stock 47.7K $103.71 Direct F4
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -69.7K -100% $0.00* 0 May 10, 2022 Common Stock 69.7K $83.29 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes dividend accruals (6 shares).
F2 This transaction was executed in multiple trades priced between $159.06 and $159.91. 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.
F3 Between February 8, 2022 and May 10, 2022, the reporting person acquired 160 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 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.
F5 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.