Andrew Nigel Hearne - Oct 1, 2022 Form 3 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Andrew Nigel Hearne
Stock symbol
CVX
Transactions as of
Oct 1, 2022
Transactions value $
$0
Form type
3
Date filed
10/5/2022, 04:40 PM
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CVX Common Stock 262 Oct 1, 2022 Direct
holding CVX Common Stock 1.25K Oct 1, 2022 by 401(k) plan
holding CVX Common Stock 1.01K Oct 1, 2022 by Hearne Family 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
holding CVX Non-Qualified Stock Option (Right to Buy) Oct 1, 2022 Common Stock 19.3K $110.37 Direct F1
holding CVX Non-Qualified Stock Option (Right to Buy) Oct 1, 2022 Common Stock 41.1K $88.20 Direct F2
holding CVX Non-Qualified Stock Option (Right to Buy) Oct 1, 2022 Common Stock 32.5K $132.69 Direct F3
holding CVX Phantom Stock Units Oct 1, 2022 Common Stock 2.58K Excess Benefit Plan F4
holding CVX Phantom Stock Oct 1, 2022 Common Stock 2.44K Direct F5, F6
holding CVX Restricted Stock Units Oct 1, 2022 Common Stock 2.67K Direct F7
holding CVX Restricted Stock Units Oct 1, 2022 Common Stock 5.3K Direct F8
holding CVX Restricted Stock Units Oct 1, 2022 Common Stock 7.69K Direct F9
holding CVX Restricted Stock Units Oct 1, 2022 Common Stock 12.5K Direct F10
holding CVX Restricted Stock Units Oct 1, 2022 Common Stock 9.21K Direct F11
holding CVX Restricted Stock Units Oct 1, 2022 Common Stock 5.92K Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option granted 1/29/2020. 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.
F2 Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, and one-third of the shares subject to the option will vest on January 31, 2023 and January 31, 2024, respectively.
F3 Option granted 1/26/2022. One-third of the shares subject to the option vest on January 31, 2023, January 31, 2024 and January 31, 2025, respectively.
F4 Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.
F5 The shares of phantom stock issued under the Chevron Deferred Compensation Plan for Management Employees II become payable in common stock upon the reporting person's termination of service.
F6 1-for-1.
F7 Restricted stock units granted on January 31, 2018 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2023.
F8 Restricted stock units granted on January 30, 2019 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2024.
F9 Restricted stock units granted on January 29, 2020 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2025.
F10 Restricted stock units granted on January 29, 2020 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2023.
F11 Restricted stock units granted on January 27, 2021 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2026.
F12 Restricted stock units granted on January 26, 2022 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2027.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney