Jeff B. Gustavson - Jan 31, 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Jeff B. Gustavson
Stock symbol
CVX
Transactions as of
Jan 31, 2023
Transactions value $
-$354,653
Form type
4
Date filed
2/2/2023, 04:19 PM
Previous filing
Jan 27, 2023
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +2.04K +118.63% $0.00 3.76K Jan 31, 2023 Direct F1, F2
transaction CVX Common Stock Disposed to Issuer -$355K -2.04K -54.26% $174.02 1.72K Jan 31, 2023 Direct F1
holding CVX Common Stock 3 Jan 31, 2023 by 401(k) plan

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 -2.04K -100% $0.00* 0 Jan 31, 2023 Common Stock 2.04K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of 502 of these shares, and those shares have been omitted from the total reported in Column 5.
F2 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.