Dambisa F. Moyo - 31 Dec 2023 Form 5 Insider Report for CHEVRON CORP (CVX)

Role: Director
Signature: /s/ Rose Z. Pierson, Attorney-in-Fact for Dambisa F. Moyo
Issuer symbol: CVX
Transactions as of: 31 Dec 2023
Net transactions value: $0
Form type: 5
Filing time: 02 Feb 2024, 18:23:42 UTC
Previous filing: 02 Jun 2023
Next filing: 30 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVX	Common Stock	Award	$0	+6	+0.04%	$0.000000	14,196	07 Aug 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 5 reports securities acquired upon the effectiveness of the acquisition of PDC Energy, Inc. ("PDCE") by Chevron Corporation ("Chevron") on August 7, 2023, pursuant to the Agreement and Plan of Merger, dated May 21, 2023 by and among Chevron, Bronco Merger Sub Inc., a direct, wholly-owned subsidiary of Chevron and PDCE (the "Merger Agreement"). At the effective time, each outstanding share of PDCE common stock was converted into the right to receive 0.4638 of a share of Chevron common stock.
F2	This number includes the acquisition of dividend equivalent accruals on stock units (138) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.

Content

This Form 5 reports securities acquired upon the effectiveness of the acquisition of PDC Energy, Inc. ("PDCE") by Chevron Corporation ("Chevron") on August 7, 2023, pursuant to the Agreement and Plan of Merger, dated May 21, 2023 by and among Chevron, Bronco Merger Sub Inc., a direct, wholly-owned subsidiary of Chevron and PDCE (the "Merger Agreement"). At the effective time, each outstanding share of PDCE common stock was converted into the right to receive 0.4638 of a share of Chevron common stock.

This number includes the acquisition of dividend equivalent accruals on stock units (138) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.