Rhonda J. Morris - 06 Feb 2024 Form 4 Insider Report for CHEVRON CORP (CVX)

Reporting relationship: Vice President
Issuer ticker: CVX
Reported as of: 06 Feb 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 Feb 2024, 19:51:52 UTC
Prior SEC filing: 02 Feb 2024
Next SEC filing: 19 Dec 2024
Source filing: View source filing
Reporting owner signature: /s/ Rose Z. Pierson, Attorney-in-Fact for Rhonda J. Morris

Key filing fact

Rhonda J. Morris filed Form 4 for CHEVRON CORP (CVX) on 08 Feb 2024.

Key facts

This page summarizes Rhonda J. Morris's Form 4 filing for CHEVRON CORP (CVX).
2 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 08 Feb 2024, 19:51.

Change

Previous filing in this sequence was filed on 02 Feb 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CVX transaction Derivative

Non-Qualified Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +15,100
Change %
Price: $0.000000
Shares after: 15,100
Date: 06 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,100
Exercise price: $152.35
Footnotes: F1

CVX transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +3,760
Change %
Price: $0.000000
Shares after: 3,760
Date: 06 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,760
Exercise price: $0.000000
Footnotes: F2

CVX holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,169
Date: 06 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,169
Exercise price: $0.000000
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

One-third of the shares subject to the option vest on February 10, 2025, February 10, 2026 and February 10, 2027, respectively.

Footnote 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. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.

Footnote F3

The reporting person previously reported the grant of 3,130 restricted stock units in Table I of a Form 4 filed on January 27, 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 40 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 82 dividend equivalents, are now being reported in Table II. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.

Footnote F4

Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock.