Rhonda J. Morris - 13 May 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Rhonda J. Morris
Issuer symbol
CVX
Transactions as of
13 May 2022
Net transactions value
-$3,938,864
Form type
4
Filing time
17 May 2022, 16:42:10 UTC
Previous filing
24 Feb 2022
Next filing
20 Dec 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 $1,555,650 +15,000 +1807% $103.71 15,830 13 May 2022 Direct F1
transaction CVX Common Stock Options Exercise $1,849,038 +22,200 +140% $83.29 38,030 13 May 2022 Direct
transaction CVX Common Stock Options Exercise $2,637,900 +22,500 +59% $117.24 60,530 13 May 2022 Direct
transaction CVX Common Stock Sale $9,981,452 -59,700 -99% $167.19 830 13 May 2022 Direct F2
holding CVX Common Stock 10,533 13 May 2022 by 401(k) plan F3
holding CVX Common Stock 770 13 May 2022 by Morris Living Trust
holding CVX Common Stock 29,454 13 May 2022 by Spouse F4

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 -15,000 -100% $0.000000* 0 13 May 2022 Common Stock 15,000 $103.71 Direct F5
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -22,200 -100% $0.000000* 0 13 May 2022 Common Stock 22,200 $83.29 Direct F6
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -22,500 -100% $0.000000* 0 13 May 2022 Common Stock 22,500 $117.24 Direct F7
* 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 (3 shares).
F2 This transaction was executed in multiple trades at prices ranging from $167.15 to $167.3703. 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 sold at each separate price within the range provided.
F3 Between February 23, 2022 and May 13, 2022, the reporting person acquired 131 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 This number includes dividend accruals (239 shares).
F5 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.
F6 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.
F7 Option granted 1/25/2017. One-third of the shares subject to the option each vested on January 31, 2018, January 31, 2019 and January 31, 2020.