CHEVRON CORP — Director's Dealing 2020

Dec 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2020-12-17

Reporting Person: Breber Pierre R (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-17	Common Stock	M	165	—	Acquired	851	Direct
2020-12-17	Common Stock	F	165	$88.41	Disposed	686	Direct
2020-12-17	Common Stock	M	78	—	Acquired	764	Direct
2020-12-17	Common Stock	F	78	$88.41	Disposed	686	Direct
2020-12-17	Common Stock	M	85	—	Acquired	771	Direct
2020-12-17	Common Stock	F	85	$88.41	Disposed	686	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-17	Restricted Stock Units	$0	M	165	Disposed		Common Stock (165)	Direct
2020-12-17	Restricted Stock Units	$0	M	78	Disposed		Common Stock (78)	Direct
2020-12-17	Restricted Stock Units	$0	M	85	Disposed		Common Stock (85)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17294	Indirect
Common Stock	27635	Indirect

Footnotes

F1: This number includes dividend accruals (38 shares).

F2: 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.

F3: Between March 3, 2020 and December 17, 2020, the reporting person acquired 1,161 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F4: Restricted stock units granted on January 30, 2019 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, 2024.

F5: This number includes dividend equivalents (896 shares).

F6: Restricted stock units granted on January 31, 2018 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, 2023.

F7: Between December 18, 2019 and December 17, 2020, the reporting person acquired dividend equivalents (489 shares).

F8: Restricted stock units granted on January 25, 2017 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, 2022.

F9: Between December 18, 2019 and December 17, 2020, the reporting person acquired dividend equivalents (532 shares).