Joseph C. Geagea - Dec 17, 2021 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Joseph C. Geagea
Stock symbol
CVX
Transactions as of
Dec 17, 2021
Transactions value $
$0
Form type
4
Date filed
12/21/2021, 07:27 PM
Previous filing
Nov 3, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $47.9K +422 +33.95% $113.60 1.67K Dec 17, 2021 Direct
transaction CVX Common Stock Tax liability -$47.9K -422 -25.35% $113.60 1.24K Dec 17, 2021 Direct F1
holding CVX Common Stock 25.5K Dec 17, 2021 by 401(k) plan F2
holding CVX Common Stock 2.5K Dec 17, 2021 By Geagea Family Trust

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 -422 -4.18% $0.00 9.67K Dec 17, 2021 Common Stock 422 $0.00 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 November 2, 2021 and December 17, 2021, the reporting person acquired 287 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 Restricted stock units granted on January 29, 2020 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, 2025.
F4 This number includes dividend equivalents (1,026 shares).