DAVID A. INCHAUSTI - 16 Dec 2022 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice Pres. and Controller
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for David A. Inchausti
Issuer symbol
CVX
Transactions as of
16 Dec 2022
Transactions value $
-$33,238
Form type
4
Filing time
20 Dec 2022, 18:43:14 UTC
Previous filing
13 May 2022
Next filing
27 Jan 2023
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 +197 $0 197 16 Dec 2022 Direct
transaction CVX Common Stock Tax liability -$33,237 -197 -100% $168.72 0 16 Dec 2022 Direct F1
holding CVX Common Stock 5,245 16 Dec 2022 by 401(k) plan 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 Restricted Stock Units Options Exercise $0 -197 -4.44% $0 4,243 16 Dec 2022 Common Stock 197 $0 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Between May 12, 2022 and December 16, 2022, the reporting person acquired 130 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 Restricted stock units granted on January 27, 2021 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, 2026.
F4 This number includes dividend equivalents (350 shares).