Pierre R. Breber - 11 Aug 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Pierre R. Breber
Issuer symbol
CVX
Transactions as of
11 Aug 2023
Net transactions value
-$1,507,250
Form type
4
Filing time
15 Aug 2023, 16:18:04 UTC
Previous filing
02 Feb 2023
Next filing
20 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $2,592,750 +25,000 +415% $103.71 31,021 11 Aug 2023 Direct F2
transaction CVX Common Stock Sale $4,100,000 -25,000 -81% $164.00 6,021 11 Aug 2023 Direct
holding CVX Common Stock 19,620 11 Aug 2023 by 401(k) plan F1
holding CVX Common Stock 28,321 11 Aug 2023 by Breber Family 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -25,000 -69% $0.000000 11,300 11 Aug 2023 Common Stock 25,000 $103.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between February 1, 2023 and August 11, 2023, the reporting person acquired 365 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F2 This number includes the acquisition of dividend equivalent accruals on restricted stock units (113) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
F3 Option granted 1/28/2015. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.