Balaji Krishnamurthy - Jan 1, 2024 Form 3 Insider Report for CHEVRON CORP (CVX)

Role
Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Balaji Krishnamurthy
Stock symbol
CVX
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
3
Date filed
1/5/2024, 06:28 PM
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CVX Common Stock 1.39K Jan 1, 2024 Direct F1
holding CVX Common Stock 2.33K Jan 1, 2024 by 401(k) plan F2

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
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 2.2K $117.24 Direct F3
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 3.1K $125.35 Direct F4
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 3.6K $113.01 Direct F5
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 7.5K $110.37 Direct F6
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 8K $88.20 Direct F7
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 6.9K $132.69 Direct F8
holding CVX Non-Qualified Stock Option (Right to Buy) Jan 1, 2024 Common Stock 5.2K $179.08 Direct F9
holding CVX Phantom Stock Units Jan 1, 2024 Common Stock 348 Excess Benefit Plan F10
holding CVX Restricted Stock Units Jan 1, 2024 Common Stock 634 Direct F11
holding CVX Restricted Stock Units Jan 1, 2024 Common Stock 1.05K Direct F12
holding CVX Restricted Stock Units Jan 1, 2024 Common Stock 1.25K Direct F13
holding CVX Restricted Stock Units Jan 1, 2024 Common Stock 1.31K Direct F14
holding CVX Restricted Stock Units Jan 1, 2024 Common Stock 2K Direct F15
holding CVX Restricted Stock Units Jan 1, 2024 Common Stock 2.1K Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted on January 25, 2023 under the Chevron Corporation 2022 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. One-third of the shares vest on January 31, 2024, January 31, 2025 and January 31, 2026, respectively, and will settle in shares of Chevron common stock on the date of vesting.
F2 This number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Corporation Employee Savings and Investment Plan, a 401(k) plan.
F3 Option granted 1/25/2017. One-third of the shares subject to the option vested January 31, 2018, January 31, 2019 and January 31, 2020, respectively.
F4 Option granted 1/31/2018. One-third of the shares subject to the option vested on January 31, 2019, January 31, 2020 and January 31, 2021, respectively.
F5 Option granted 1/30/2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.
F6 Option granted 1/29/2020. One-third of the shares subject to the option vested on January 31, 2021, January 31, 2022 and January 31, 2023, respectively.
F7 Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, and one-third vested on January 31, 2023. The balance of the shares vest on January 31, 2024.
F8 Option granted 1/26/2022. One-third of the shares subject to the option vested on January 31, 2023, and one-third of the shares will vest on January 31, 2024 and January 31, 2025, respectively.
F9 Option granted 1/25/2023. One-third of the shares subject to the option vest on January 31, 2024, January 31, 2025 and January 31, 2026, respectively.
F10 Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.
F11 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.
F12 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.
F13 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.
F14 Restricted Stock Units granted 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.
F15 Restricted Stock Units granted 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, 2024.
F16 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, 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney