JAMES WILLIAM JOHNSON - 18 Jan 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for James William Johnson
Issuer symbol
CVX
Transactions as of
18 Jan 2022
Transactions value $
-$320,655
Form type
4
Filing time
20 Jan 2022, 15:33:31 UTC
Previous filing
13 Jan 2022
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $2.67M +23K $116.00 23K 18 Jan 2022 Direct F1
transaction CVX Common Stock Sale -$2.99M -23K -100% $129.94 0 18 Jan 2022 Direct F1, F2
holding CVX Common Stock 5.63K 18 Jan 2022 by 401(k) plan
holding CVX Common Stock 11.6K 18 Jan 2022 by JWJ Revocable Trust
holding CVX Common Stock 1K 18 Jan 2022 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 -23K -100% $0.00* 0 18 Jan 2022 Common Stock 23K $116.00 Direct F3
* 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 February 25, 2021.
F2 This transaction was executed in multiple trades priced between $129.92 and $129.98. 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 Option granted 1/29/2014. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.