| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVX | Common Stock | Award | $0 | +23.7K | $0.00 | 23.7K | Jan 25, 2023 | Direct | F1 | |
| holding | CVX | Common Stock | 16.5K | Jan 25, 2023 | by 401(k) plan | ||||||
| holding | CVX | Common Stock | 17.8K | Jan 25, 2023 | by Limited Partnership | F2 |
| 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) | Award | $0 | +92.8K | $0.00 | 92.8K | Jan 25, 2023 | Common Stock | 92.8K | $179.08 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | Restricted stock units granted under the Chevron Corporation 2022 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. One-third of the shares subject to this award vest on January 31, 2024, January 31, 2025 and January 31, 2026, respectively, and will settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment. |
| F2 | The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein. |
| F3 | One-third of the shares subject to the option vest on January 31, 2024, January 31, 2025 and January 31, 2026, respectively. |