Rhonda J. Morris - Feb 7, 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Rhonda J. Morris
Stock symbol
CVX
Transactions as of
Feb 7, 2023
Transactions value $
-$1,608,740
Form type
4
Date filed
2/9/2023, 04:12 PM
Previous filing
Feb 2, 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 $1.73M +19.7K +495.74% $88.20 23.6K Feb 7, 2023 Direct
transaction CVX Common Stock Sale -$3.34M -19.7K -83.21% $170.00 3.97K Feb 7, 2023 Direct F1
holding CVX Common Stock 10.8K Feb 7, 2023 by 401(k) plan F2
holding CVX Common Stock 5.22K Feb 7, 2023 by Morris Living Trust
holding CVX Common Stock 25.2K Feb 7, 2023 by Spouse

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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -19.7K -66.66% $0.00 9.83K Feb 7, 2023 Common Stock 19.7K $88.20 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $170.00 to $170.02. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range provided.
F2 Between February 1, 2023 and February 7, 2023, the reporting person acquired 6 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, and one-third of the shares vested on January 31, 2023. The balance of the shares vests on January 31, 2024.