COLIN E. PARFITT - 29 Oct 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice President
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Colin E. Parfitt
Issuer symbol
CVX
Transactions as of
29 Oct 2021
Net transactions value
-$109,222
Form type
4
Filing time
02 Nov 2021, 16:56:19 UTC
Next filing
21 Dec 2021
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 $1,615,950 +15,000 +2273% $107.73 15,660 29 Oct 2021 Direct F1, F2
transaction CVX Common Stock Sale $1,725,172 -15,000 -96% $115.01 660 29 Oct 2021 Direct F1, F3
holding CVX Common Stock 4,725 29 Oct 2021 by 401(k) plan F4
holding CVX Common Stock 1,880 29 Oct 2021 UK benefits plan

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 -15,000 -100% $0.000000* 0 29 Oct 2021 Common Stock 15,000 $107.73 Direct F5
* 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 16, 2021.
F2 This number includes dividend accruals (23 shares).
F3 This transaction was executed in multiple trades at prices ranging from $115.00 to $115.075. The price reported above reflects the weighted-average sales 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 sold at each separate price within the range provided.
F4 Between December 18, 2020 and October 29, 2021, the reporting person acquired 659 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F5 Option granted 1/25/2012. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney