Andrew Nigel Hearne - Dec 18, 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Andrew Nigel Hearne
Stock symbol
CVX
Transactions as of
Dec 18, 2023
Transactions value $
-$111,512
Form type
4
Date filed
12/20/2023, 09:28 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 +54 +0.67% $0.00 8.06K Dec 18, 2023 Direct F1
transaction CVX Common Stock Tax liability -$8.08K -54 -0.67% $149.68 8K Dec 18, 2023 Direct F2
transaction CVX Common Stock Options Exercise $0 +151 +1.89% $0.00 8.15K Dec 18, 2023 Direct
transaction CVX Common Stock Tax liability -$22.6K -151 -1.85% $149.68 8K Dec 18, 2023 Direct F2
transaction CVX Common Stock Options Exercise $0 +264 +3.3% $0.00 8.27K Dec 18, 2023 Direct
transaction CVX Common Stock Tax liability -$39.5K -264 -3.19% $149.68 8K Dec 18, 2023 Direct F2
transaction CVX Common Stock Options Exercise $0 +276 +3.45% $0.00 8.28K Dec 18, 2023 Direct
transaction CVX Common Stock Tax liability -$41.3K -276 -3.33% $149.68 8K Dec 18, 2023 Direct F2
holding CVX Common Stock 1.31K Dec 18, 2023 by 401(k) plan F3
holding CVX Common Stock 1.27K Dec 18, 2023 by Hearne 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 Restricted Stock Units Options Exercise $0 -54 -0.98% $0.00 5.45K Dec 18, 2023 Common Stock 54 Direct F4, F5
transaction CVX Restricted Stock Units Options Exercise $0 -151 -1.89% $0.00 7.83K Dec 18, 2023 Common Stock 151 Direct F6, F7
transaction CVX Restricted Stock Units Options Exercise $0 -264 -2.78% $0.00 9.22K Dec 18, 2023 Common Stock 264 Direct F8, F9
transaction CVX Restricted Stock Units Options Exercise $0 -276 -4.45% $0.00 5.92K Dec 18, 2023 Common Stock 276 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes 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 49 shares of Chevron Common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 Restricted stock units granted on January 30, 2019 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, 2024.
F5 Between December 17, 2022 and December 18, 2023, the reporting person acquired dividend equivalents (208 shares).
F6 Restricted stock units granted on January 29, 2020 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, 2025.
F7 Between December 17, 2022 and December 18, 2023, the reporting person acquired dividend equivalents (302 shares).
F8 Restricted stock units granted on January 27, 2021 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, 2026.
F9 Between December 17, 2022 and December 18, 2023, the reporting person acquired dividend equivalents (358 shares).
F10 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.
F11 This number includes dividend equivalents (284 shares).