James William Johnson - Dec 16, 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
Stock symbol
CVX
Transactions as of
Dec 16, 2022
Transactions value $
-$105,113
Form type
4
Date filed
12/20/2022, 07:30 PM
Previous filing
Dec 2, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +623 $0.00 623 Dec 16, 2022 Direct
transaction CVX Common Stock Tax liability -$105K -623 -100% $168.72 0 Dec 16, 2022 Direct F1
holding CVX Common Stock 5.83K Dec 16, 2022 by 401(k) plan F2
holding CVX Common Stock 11.6K Dec 16, 2022 by JWJ Revocable Trust
holding CVX Common Stock 1K Dec 16, 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 Restricted Stock Units Options Exercise $0 -623 -3.9% $0.00 15.4K Dec 16, 2022 Common Stock 623 $0.00 Direct F3, F4
* 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 December 1, 2022 and December 16, 2022, the reporting person acquired 48 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 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.
F4 This number includes dividend equivalents (1,262 shares).