Pierre R. Breber - 01 Nov 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Pierre R. Breber
Issuer symbol
CVX
Transactions as of
01 Nov 2022
Net transactions value
-$1,985,558
Form type
4
Filing time
03 Nov 2022, 16:32:28 UTC
Previous filing
30 Aug 2022
Next filing
30 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $2,592,750 +25,000 +312500% $103.71 25,008 01 Nov 2022 Direct F1
transaction CVX Common Stock Sale $4,578,308 -25,000 -100% $183.13 8 01 Nov 2022 Direct F2
holding CVX Common Stock 19,096 01 Nov 2022 by 401(k) plan F3
holding CVX Common Stock 28,321 01 Nov 2022 by Breber 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
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -25,000 -29% $0.000000 61,300 01 Nov 2022 Common Stock 25,000 $103.71 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes dividend accruals (1 share).
F2 This transaction was executed in multiple trades at prices ranging from $183.08 to $183.24. 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.
F3 Between August 24, 2022 and November 1, 2022, the reporting person acquired 165 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 Option granted 1/28/2015. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.