Mark A. Nelson - Dec 18, 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice Chairman
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson
Stock symbol
CVX
Transactions as of
Dec 18, 2023
Transactions value $
-$54,783
Form type
4
Date filed
12/20/2023, 09:26 PM
Previous filing
Feb 2, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +366 +4.14% $0.00 9.21K Dec 18, 2023 Direct F1
transaction CVX Common Stock Tax liability -$54.8K -366 -3.98% $149.68 8.84K Dec 18, 2023 Direct F2
holding CVX Common Stock 17.2K Dec 18, 2023 by 401(k) plan F3

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 -366 -4.45% $0.00 7.85K Dec 18, 2023 Common Stock 366 $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes 32 shares acquired pursuant to the reinvestment of dividends on directly owned shares of common stock and 302 restricted stock units accrued as dividend equivalents on the restricted stock units granted to the reporting person on 01/25/2023 under the Chevron Corporation 2022 Long-Term Incentive Plan.
F2 Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.
F3 Between February 1, 2023 and December 18, 2023, the reporting person acquired 680 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 Restricted stock units granted on January 26, 2022 under the Chevron Corporation Long-Term Incentive Plan. 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 and are payable in cash upon vesting on January 31, 2027.
F5 This number includes dividend equivalents (570 shares).