MARK A. NELSON - 17 Dec 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Executive Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson
Issuer symbol
CVX
Transactions as of
17 Dec 2021
Transactions value $
-$39,760
Form type
4
Filing time
21 Dec 2021, 19:37:38 UTC
Next filing
28 Jan 2022
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 $0 +350 +44.76% $0.00 1.13K 17 Dec 2021 Direct F1
transaction CVX Common Stock Tax liability -$39.8K -350 -30.92% $113.60 782 17 Dec 2021 Direct F2
holding CVX Common Stock 15.9K 17 Dec 2021 by 401(k) plan F3

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 Restricted Stock Units Options Exercise $0 -350 -3.47% $0.00 9.75K 17 Dec 2021 Common Stock 350 $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes dividend accruals (36 shares).
F2 Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.
F3 Between December 18, 2020 and December 17, 2021, the reporting person acquired 835 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 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.
F5 This number includes dividend equivalents (1,026 shares).

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney