R. Hewitt Pate - 25 Jan 2023 Form 4/A Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christine L. Cavallo, Attorney-in-Fact for R. Hewitt Pate
Issuer symbol
CVX
Transactions as of
25 Jan 2023
Transactions value $
$0
Form type
4/A
Filing time
06 Mar 2024, 19:19:56 UTC
Date Of Original Report
27 Jan 2023
Previous filing
20 Dec 2022
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Award $0 +5.9K $0.00 5.9K 25 Jan 2023 Direct F1, F2
holding CVX Common Stock 7.05K 25 Jan 2023 By 401(k) plan F3
holding CVX Common Stock 8.73K 25 Jan 2023 By Pate Family Trust
holding CVX Common Stock 4.53K 25 Jan 2023 By Spouse Trust F4

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) Award $0 +23K $0.00 23K 25 Jan 2023 Common Stock 23K $179.08 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is a refiling of the original Form 4 filed on January 27, 2023, solely for the purpose of correcting the reporting person's address. There are no other changes to the original Form 4.
F2 Restricted stock units granted under the Chevron Corporation 2022 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. One-third of the shares subject to this award vest on January 31, 2024, January 31, 2025 and January 31, 2026, respectively, and will settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.
F3 Between December 17, 2022 and January 25, 2023, the reporting person acquired 72 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4 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.
F5 One-third of the shares subject to the option vest on January 31, 2024, January 31, 2025 and January 31, 2026, respectively.