R. Hewitt Pate - Nov 3, 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
VP and General Counsel
Signature
/s/ Christopher A. Butner, Attorney-in-Fact for R. Hewitt Pate
Stock symbol
CVX
Transactions as of
Nov 3, 2022
Transactions value $
-$2,630,096
Form type
4
Date filed
11/7/2022, 03:58 PM
Previous filing
May 26, 2022
Next filing
Nov 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $1.39M +11.8K $117.24 11.8K Nov 3, 2022 Direct
transaction CVX Common Stock Options Exercise $1.81M +20.6K +173.92% $88.20 32.4K Nov 3, 2022 Direct
transaction CVX Common Stock Sale -$5.83M -32.4K -100% $180.00 0 Nov 3, 2022 Direct
holding CVX Common Stock 6.92K Nov 3, 2022 By 401(k) plan F1
holding CVX Common Stock 12.6K Nov 3, 2022 By Pate Family Trust
holding CVX Common Stock 4.53K Nov 3, 2022 By Spouse Trust F2

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 -11.8K -25% $0.00 35.5K Nov 3, 2022 Common Stock 11.8K $117.24 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -20.6K -33.33% $0.00 41.1K Nov 3, 2022 Common Stock 20.6K $88.20 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between May 25, 2022 and November 3, 2022, the reporting person acquired 115 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F2 The reporting person disclaims beneficial ownership of the shares held by his spouse's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares held by his spouse's trust for purposes of Section 16 or for any other purpose.
F3 Option granted 1/25/2017. 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 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.