JAMES WILLIAM JOHNSON - 31 Jan 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christopher A. Butner, Attorney-in-Fact for James William Johnson
Issuer symbol
CVX
Transactions as of
31 Jan 2023
Net transactions value
-$2,060,049
Form type
4
Filing time
02 Feb 2023, 16:21:41 UTC
Previous filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +11,838 $0.000000 11,838 31 Jan 2023 Direct F1
transaction CVX Common Stock Disposed to Issuer $2,060,049 -11,838 -100% $174.02 0 31 Jan 2023 Direct
holding CVX Common Stock 5,825 31 Jan 2023 by 401(k) plan
holding CVX Common Stock 11,552 31 Jan 2023 by JWJ Revocable Trust
holding CVX Common Stock 1,000 31 Jan 2023 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 -11,838 -100% $0.000000* 0 31 Jan 2023 Common Stock 11,838 $0.000000 Direct F1, F2
* 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 This number includes dividend equivalents (1,553 shares).