James William Johnson - Aug 25, 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
Aug 25, 2022
Transactions value $
-$4,302,540
Form type
4
Date filed
8/29/2022, 05:28 PM
Previous filing
May 31, 2022
Next filing
Nov 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $3.52M +30K $117.24 30K Aug 25, 2022 Direct
transaction CVX Common Stock Options Exercise $2.86M +25.3K +84.33% $113.01 55.3K Aug 25, 2022 Direct
transaction CVX Common Stock Options Exercise $3.31M +30K +54.25% $110.37 85.3K Aug 25, 2022 Direct
transaction CVX Common Stock Sale -$14M -85.3K -100% $164.01 0 Aug 25, 2022 Direct F1
holding CVX Common Stock 5.73K Aug 25, 2022 by 401(k) plan F2
holding CVX Common Stock 11.6K Aug 25, 2022 by JWJ Revocable Trust
holding CVX Common Stock 1K Aug 25, 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 -30K -37.13% $0.00 50.8K Aug 25, 2022 Common Stock 30K $117.24 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -25.3K -31.12% $0.00 56K Aug 25, 2022 Common Stock 25.3K $113.01 Direct F4
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -30K -30% $0.00 70K Aug 25, 2022 Common Stock 30K $110.37 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $163.75 to $164.15. 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.
F2 Between May 27, 2022 and August 25, 2022, the reporting person acquired 46 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 Option granted January 25, 2017. One-third of the shares subject to the option vested on January 31, 2018, January 31, 2019 and January 31, 2020, respectively.
F4 Option granted January 30, 2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.
F5 Option granted January 29, 2020. One-third of the shares subject to the option vested on January 31, 2021, and one-third of the shares vested on January 31, 2022. The balance of the shares vests on January 31, 2023.