Michael K. Wirth - Jan 31, 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Chairman and CEO, Director
Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Michael K. Wirth
Stock symbol
CVX
Transactions as of
Jan 31, 2023
Transactions value $
-$5,461,270
Form type
4
Date filed
2/2/2023, 04:06 PM
Previous filing
Jan 27, 2023
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +31.4K +132.25% $0.00 55.1K Jan 31, 2023 Direct F1
transaction CVX Common Stock Disposed to Issuer -$5.46M -31.4K -56.94% $174.02 23.7K Jan 31, 2023 Direct
holding CVX Common Stock 16.5K Jan 31, 2023 by 401(k) plan
holding CVX Common Stock 17.8K Jan 31, 2023 by Limited Partnership 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 Restricted Stock Units Options Exercise $0 -31.4K -100% $0.00* 0 Jan 31, 2023 Common Stock 31.4K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. The restricted stock units are payable in cash and vested on January 31, 2023.
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 This number includes dividend equivalents (4,116 shares).