James William Johnson - May 26, 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
Stock symbol
CVX
Transactions as of
May 26, 2022
Transactions value $
-$25,149,552
Form type
4
Date filed
5/31/2022, 05:24 PM
Previous filing
May 5, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $22.5M +270K $83.29 270K May 26, 2022 Direct F1
transaction CVX Common Stock Sale -$16M -90.9K -33.68% $175.45 179K May 26, 2022 Direct F1, F2
transaction CVX Common Stock Sale -$20.2M -114K -63.92% $176.71 64.6K May 26, 2022 Direct F1, F3
transaction CVX Common Stock Sale -$11.5M -64.6K -100% $177.33 0 May 26, 2022 Direct F1, F4
holding CVX Common Stock 5.68K May 26, 2022 by 401(k) plan
holding CVX Common Stock 11.6K May 26, 2022 by JWJ Revocable Trust
holding CVX Common Stock 1K May 26, 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 -270K -100% $0.00* 0 May 26, 2022 Common Stock 270K $83.29 Direct F5
* 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 22, 2022.
F2 These shares were sold in multiple transactions at prices ranging from $175.09 to $176.08, 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) and (4) to this Form 4.
F3 These shares were sold in multiple transactions at prices ranging from $176.09 to $177.08, 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 $177.09 to $177.89, inclusive. The price reported in Column 4 reflects the weighted average sale price.
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.