JAMES WILLIAM JOHNSON - 26 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
26 May 2022
Net transactions value
-$25,149,552
Form type
4
Filing time
31 May 2022, 17:24:03 UTC
Previous filing
05 May 2022
Next filing
29 Aug 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 $22,488,300 +270,000 $83.29 270,000 26 May 2022 Direct F1
transaction CVX Common Stock Sale $15,953,294 -90,926 -34% $175.45 179,074 26 May 2022 Direct F1, F2
transaction CVX Common Stock Sale $20,228,856 -114,473 -64% $176.71 64,601 26 May 2022 Direct F1, F3
transaction CVX Common Stock Sale $11,455,702 -64,601 -100% $177.33 0 26 May 2022 Direct F1, F4
holding CVX Common Stock 5,681 26 May 2022 by 401(k) plan
holding CVX Common Stock 11,552 26 May 2022 by JWJ Revocable Trust
holding CVX Common Stock 1,000 26 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 -270,000 -100% $0.000000* 0 26 May 2022 Common Stock 270,000 $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.