JEFF B. GUSTAVSON - 31 Jan 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice President
Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Jeff B. Gustavson
Issuer symbol
CVX
Transactions as of
31 Jan 2023
Net transactions value
-$354,653
Form type
4
Filing time
02 Feb 2023, 16:19:37 UTC
Previous filing
27 Jan 2023
Next filing
07 Aug 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 +2,038 +119% $0.000000 3,756 31 Jan 2023 Direct F1, F2
transaction CVX Common Stock Disposed to Issuer $354,653 -2,038 -54% $174.02 1,718 31 Jan 2023 Direct F1
holding CVX Common Stock 3 31 Jan 2023 by 401(k) 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 Restricted Stock Units Options Exercise $0 -2,038 -100% $0.000000* 0 31 Jan 2023 Common Stock 2,038 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of 502 of these shares, and those shares have been omitted from the total reported in Column 5.
F2 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. The restricted stock units are payable in cash and vested on January 31, 2023.