JAMES WILLIAM JOHNSON - 20 Oct 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for James William Johnson
Issuer symbol
CVX
Transactions as of
20 Oct 2021
Transactions value $
-$420,880
Form type
4
Filing time
22 Oct 2021, 16:21:38 UTC
Next filing
09 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $8,402,940 +78,000 $107.73 78,000 20 Oct 2021 Direct F1
transaction CVX Common Stock Sale -$8,823,820 -78,000 -100% $113.13 0 20 Oct 2021 Direct F1, F2
holding CVX Common Stock 5,571 20 Oct 2021 by 401(k) plan F3
holding CVX Common Stock 11,552 20 Oct 2021 by JWJ Revocable Trust
holding CVX Common Stock 1,000 20 Oct 2021 by Spouse Revocable 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -78,000 -100% $0* 0 20 Oct 2021 Common Stock 78,000 $107.73 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2021.
F2 This transaction was executed in multiple trades at prices ranging from $113.12 to $113.15. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 Between December 18, 2020 and October 20, 2021, the reporting person acquired 206 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 Option granted 1/25/2012. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney