Pierre R. Breber - 16 Dec 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
VP & Chief Financial Officer
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Pierre R. Breber
Issuer symbol
CVX
Transactions as of
16 Dec 2022
Net transactions value
-$188,798
Form type
4
Filing time
20 Dec 2022, 18:36:43 UTC
Previous filing
30 Nov 2022
Next filing
27 Jan 2023
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 $0 +91 +1138% $0.000000 99 16 Dec 2022 Direct
transaction CVX Common Stock Tax liability $15,354 -91 -92% $168.72 8 16 Dec 2022 Direct F1
transaction CVX Common Stock Options Exercise $0 +194 +2425% $0.000000 202 16 Dec 2022 Direct
transaction CVX Common Stock Tax liability $32,732 -194 -96% $168.72 8 16 Dec 2022 Direct F1
transaction CVX Common Stock Options Exercise $0 +286 +3575% $0.000000 294 16 Dec 2022 Direct
transaction CVX Common Stock Tax liability $48,254 -286 -97% $168.72 8 16 Dec 2022 Direct F1
transaction CVX Common Stock Options Exercise $0 +548 +6850% $0.000000 556 16 Dec 2022 Direct
transaction CVX Common Stock Tax liability $92,459 -548 -99% $168.72 8 16 Dec 2022 Direct F1
holding CVX Common Stock 19,255 16 Dec 2022 by 401(k) plan F2
holding CVX Common Stock 28,321 16 Dec 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 Restricted Stock Units Options Exercise $0 -91 -0.99% $0.000000 9,120 16 Dec 2022 Common Stock 91 $0.000000 Direct F3, F4
transaction CVX Restricted Stock Units Options Exercise $0 -194 -1.9% $0.000000 10,028 16 Dec 2022 Common Stock 194 $0.000000 Direct F5, F6
transaction CVX Restricted Stock Units Options Exercise $0 -286 -2.8% $0.000000 9,974 16 Dec 2022 Common Stock 286 $0.000000 Direct F7, F8
transaction CVX Restricted Stock Units Options Exercise $0 -548 -4.5% $0.000000 11,764 16 Dec 2022 Common Stock 548 $0.000000 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.
F2 Between November 29, 2022 and December 16, 2022, the reporting person acquired 159 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 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.
F4 Between December 18, 2021 and December 16, 2022, the reporting person acquired dividend equivalents (302 shares).
F5 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.
F6 Between December 18, 2021 and December 16, 2022, the reporting person acquired dividend equivalents (335 shares).
F7 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.
F8 Between December 18, 2021 and December 16, 2022, the reporting person acquired dividend equivalents (336 shares).
F9 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.
F10 This number includes dividend equivalents (972 shares).