JAMES WILLIAM JOHNSON - 25 Aug 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
25 Aug 2022
Net transactions value
-$4,302,540
Form type
4
Filing time
29 Aug 2022, 17:28:09 UTC
Previous filing
31 May 2022
Next filing
03 Nov 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 $3,517,200 +30,000 $117.24 30,000 25 Aug 2022 Direct
transaction CVX Common Stock Options Exercise $2,859,153 +25,300 +84% $113.01 55,300 25 Aug 2022 Direct
transaction CVX Common Stock Options Exercise $3,311,100 +30,000 +54% $110.37 85,300 25 Aug 2022 Direct
transaction CVX Common Stock Sale $13,989,993 -85,300 -100% $164.01 0 25 Aug 2022 Direct F1
holding CVX Common Stock 5,727 25 Aug 2022 by 401(k) plan F2
holding CVX Common Stock 11,552 25 Aug 2022 by JWJ Revocable Trust
holding CVX Common Stock 1,000 25 Aug 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 -30,000 -37% $0.000000 50,800 25 Aug 2022 Common Stock 30,000 $117.24 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -25,300 -31% $0.000000 56,000 25 Aug 2022 Common Stock 25,300 $113.01 Direct F4
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -30,000 -30% $0.000000 70,000 25 Aug 2022 Common Stock 30,000 $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.