DAVID A. INCHAUSTI - 11 May 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for David A. Inchausti
Issuer symbol
CVX
Transactions as of
11 May 2022
Net transactions value
-$271,023
Form type
4
Filing time
13 May 2022, 16:31:39 UTC
Previous filing
10 May 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $652,120 +5,600 $116.45 5,600 11 May 2022 Direct F1
transaction CVX Common Stock Sale $209,830 -1,285 -23% $163.29 4,315 11 May 2022 Direct F1, F2
transaction CVX Common Stock Sale $259,729 -1,580 -37% $164.39 2,735 11 May 2022 Direct F1, F3
transaction CVX Common Stock Sale $337,056 -2,035 -74% $165.63 700 11 May 2022 Direct F1, F4
transaction CVX Common Stock Sale $99,818 -600 -86% $166.36 100 11 May 2022 Direct F1, F5
transaction CVX Common Stock Sale $16,710 -100 -100% $167.10 0 11 May 2022 Direct F1
holding CVX Common Stock 5,115 11 May 2022 by 401(k) 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 -5,600 -100% $0.000000* 0 11 May 2022 Common Stock 5,600 $116.45 Direct F6
* 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 February 10, 2022.
F2 These shares were sold in multiple transactions at prices ranging from $162.84 to $163.82, inclusive. The price reported in Column 4 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 sold at each separate price within the ranges set forth in footnotes (2), (3), (4) and (5) to this Form 4.
F3 These shares were sold in multiple transactions at prices ranging from $163.92 to $164.79, inclusive. The price reported in Column 4 reflects the weighted average sale price.
F4 These shares were sold in multiple transactions at prices ranging from $165.08 to $166.05, inclusive. The price reported in Column 4 reflects the weighted average sale price.
F5 These shares were sold in multiple transactions at prices ranging from $166.08 to $167.07, inclusive. The price reported in Column 4 reflects the weighted average sale price.
F6 Option granted 1/30/2013. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.