R. Hewitt Pate - 03 Nov 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
VP and General Counsel
Signature
/s/ Christopher A. Butner, Attorney-in-Fact for R. Hewitt Pate
Issuer symbol
CVX
Transactions as of
03 Nov 2022
Transactions value $
-$2,630,096
Form type
4
Filing time
07 Nov 2022, 15:58:55 UTC
Previous filing
26 May 2022
Next filing
30 Nov 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 $1.39M +11.8K $117.24 11.8K 03 Nov 2022 Direct
transaction CVX Common Stock Options Exercise $1.81M +20.6K +173.92% $88.20 32.4K 03 Nov 2022 Direct
transaction CVX Common Stock Sale -$5.83M -32.4K -100% $180.00 0 03 Nov 2022 Direct
holding CVX Common Stock 6.92K 03 Nov 2022 By 401(k) plan F1
holding CVX Common Stock 12.6K 03 Nov 2022 By Pate Family Trust
holding CVX Common Stock 4.53K 03 Nov 2022 By Spouse Trust F2

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 -11.8K -25% $0.00 35.5K 03 Nov 2022 Common Stock 11.8K $117.24 Direct F3
transaction CVX Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -20.6K -33.33% $0.00 41.1K 03 Nov 2022 Common Stock 20.6K $88.20 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between May 25, 2022 and November 3, 2022, the reporting person acquired 115 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F2 The reporting person disclaims beneficial ownership of the shares held by his spouse's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares held by his spouse's trust for purposes of Section 16 or for any other purpose.
F3 Option granted 1/25/2017. One-third of the shares subject to the option vested on January 31, 2018, January 31, 2019 and January 31, 2020, respectively.
F4 Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, and one-third of the shares subject to the option will vest on January 31, 2023 and January 31, 2024, respectively.