Alana K. Knowles - Feb 6, 2024 Form 4 Insider Report for CHEVRON CORP (CVX)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVX	Non-Qualified Stock Option (Right to Buy)	Award	$0	+10.7K	$0.00	10.7K	Feb 6, 2024	Common Stock	10.7K	$152.35	Direct	F1
transaction	CVX	Restricted Stock Units	Award	$0	+2.66K	$0.00	2.66K	Feb 6, 2024	Common Stock	2.66K	$0.00	Direct	F2
holding	CVX	Restricted Stock Units					929	Feb 6, 2024	Common Stock	929		Direct	F3, F4

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

Id	Content
F1	One-third of the shares subject to the option vest on February 10, 2025, February 10, 2026 and February 10, 2027, respectively.
F2	Restricted stock units granted 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 subject to this award vest on February 10, 2025, February 10, 2026 and February 10, 2027, respectively, and will settle in shares of Chevron common stock on the date of vesting.
F3	The reporting person previously reported the grant of 1,340 restricted stock units in Table I of a Form 3 filed on March 3, 2023. The initial award provided that one-third of the restricted stock units would vest on each of January 31, 2024, January 31, 2025 and January 31, 2026. The vesting of one-third of the award, together with 17 additional restricted stock units accrued as dividend equivalents, was reported on a Form 4 filed on February 2, 2024. The remaining restricted stock units, including 35 dividend equivalents, are now being reported in Table II.
F4	Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock.